IT
RADAR BRIEF · 44/100

Tajani Opposes Excess-Profits Tax, Backs Agreement with Banks and Businesses

Foreign Minister Antonio Tajani rejected the League’s repeated call for an excess-profits tax and proposed an agreement with banks and businesses instead.

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What is happening

Speaking from Buenos Aires during Italy’s Mercosur mission, Tajani responded to the League’s request ahead of the budget law. He said he was against taxation of excess profits and in favor of an agreement with banks and businesses.

Why is it on the Radar?

The issue is part of the debate ahead of Italy’s budget law and reflects differing positions between Tajani and the League on how to address excess profits.

Sources and timeline