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Firms' tax procedures take six whole weeks - eurasiatxeurasiatx

Firms’ tax procedures take six whole weeks

Oct 30, 2018 1:40 pm

Censis, Confcooperative say red tape hurts Italian business

It took “around 238 hours to pay the 14 main taxes” (added up to over six whole weeks of work) due by firms in Italy in 2017, according to a new report by the Confcooperative association and research institute Censis.

The report said this compared to the 138 hours needed to meet the nine main tax obligations faced by businesses in France.

The study said red tape “cost small (Italian) companies around 31 billion euros between 2007 and 2012”.

Source URL: http://eurasiatx.com/firms-tax-procedures-take-six-whole-weeks/