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Italy’s government is planning to raise 3.5 billion euros from domestic banks and insurers as part of its budget plans, Deputy Prime Minister Matteo Salvini announced on Tuesday. The funds will be allocated to the national health service, according to Salvini. The levy on the financial sector is expected to come from changes in the taxation of stock options for managers and rules governing banks’ tax credits from past losses.($1 = 0.9185 euro)
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.