Italy to raise roughly 4 billion euros from banks, insurers and gaming
Adds PM Meloni in paragraphs 3-4, share prices in paragraph 5
ROME, Oct 16 (Reuters) -Italy plans to raise roughly 4 billion euros ($4.4 billion) in 2025 from changes in tax rules for banks, insurance products and business licences for gaming, Rome's draft budgetary plan (DBP) showed on Wednesday.
The document, sent to the European Commission for approval, estimates higher revenues amounting to 0.168% of GDP as a contribution to consolidating public finances.
Prime Minister Giorgia Meloni said the new money-raising scheme was drafted after a "very constructive dialogue" with financial sector stakeholders.
"We don't want to give the signal that banks are enemies, not at all," she said speaking to reporters in Brussels.
The Milan share price of Italy's main banks and insurers, such as Intesa Sanpaolo ISP.MI, UniCredit CRDI.MI, Monte dei Paschi BMPS.MI and Generali GASI.MI barely changed on Wednesday, suggesting no major impact from the measure.
Earlier on Wednesday,Economy Minister Giancarlo Giorgetti told reporters that banks and insurers would contribute to the state finances with "more than 3.5 billion euros" next year.
"I think the affair has been interiorized by the markets, so it goes as it should. The fishermen and workers will be happy after this budget, a little less so the banks," Giorgetti said.
His deputy Maurizio Leo said the budget would freeze forthe next two years deductions related to banks' tax credits stemming from past losses, known as deferred tax assets, in a move that would temporarily hike taxation on profits.
The Treasury expects to collect 1 billion euros from insurers by changing the payment terms of stamp duties forsome insurance policies.
Rome also changed taxation of stock options for managers. "We defer the deduction to the time when there is actual allocation of the shares," Leo said.
The DBP document saidrevenues from banks, insurance products and gaming would fall by 0.073% of GDP in 2026 and by 0.096% the following year.
Italy last year shocked markets by imposing a 40% tax on banks' windfall profits, only to backtrack by limiting the scope of the levy and giving lenders an opt-out clause which meant that in the end it raised zero for state coffers.
($1 = 0.9190 euros)
Reporting by Giuseppe Fonte, additional reporting by Gianluca Semeraro and Alvise Armellini, editing by Gavin Jones, Ed Osmond and Keith Weir
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
