Ovidius University Annals: Economic Sciences Series (Jan 2017)

European Fiscal Policy and Taxation System in Italy

  • Oprișan Oana,
  • Țileagă Cosmin,
  • Nicodim Liliana

Journal volume & issue
Vol. XVII, no. 2
pp. 609 – 612

Abstract

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The budget of all countries, large or small, developed or developing, are supplied mainly from compulsory levies. Everywhere, so budget revenues is about tax, by compulsory taxes. Collection of these requirements may be: tax (tax on the exact meaning of the word) or para (contributions). It can be seen that the range of fiscal instruments is very wide and, as things stand everywhere, does not seem to stop here. This is because fiscal instruments are less politically risky and more financially profitable. In this regard, the number and size of taxes, there are countries that are part of the so-called tax haven countries and living a true fiscal nightmare.

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