December 11, 2025 - 20:18

ROME, Dec 11 - Italy is set to implement a new levy on parcels shipped from outside the European Union, targeting shipments valued at up to 150 euros (approximately $176.31). This initiative is part of a broader strategy to enhance revenue as the government grapples with fiscal challenges. The proposed tax aims to address the growing trend of online shopping and the influx of goods from non-EU countries, which has raised concerns about fair competition for local businesses.
In addition to the parcel levy, Italy plans to significantly increase its tax on financial transactions. This move is expected to double the current rate, reflecting the government's commitment to generate additional funds to support public services and economic recovery efforts. The combination of these measures highlights Italy's ongoing efforts to balance its budget while navigating the complexities of a globalized economy. The government anticipates that these changes will help stabilize its financial landscape in the coming years.
February 5, 2026 - 05:06
AccountAbility Appoints Guillaume Mascotto as Director of Advisory ServicesAccountAbility, a leading global consulting and standards firm, has announced a key addition to its leadership team. Guillaume Mascotto has been appointed as the firm`s new Director of Advisory...
February 4, 2026 - 05:28
How 'second guessing' cost high earning Aussie couple more than $200,000Financial indecision has proven to be a remarkably expensive habit for one high-earning Australian couple, whose reluctance to act cost them a staggering sum exceeding two hundred thousand dollars....
February 3, 2026 - 21:42
Sheinbaum doubles down on Plan México, committing 5.6 trillion pesos to major projectsPresident Claudia Sheinbaum has firmly committed to continuing the strategic infrastructure initiative known as Plan México, announcing a monumental financial package totaling 5.6 trillion pesos....
February 3, 2026 - 04:21
AMD Q4 earnings: What Wall Street expects from AI chipmakerAll eyes are on Advanced Micro Devices as the semiconductor giant prepares to unveil its fourth-quarter financial performance. The report, scheduled for release after the closing bell on Tuesday,...