Italy Econ Min: Tax Breaks For Companies Worth Some EUR4 Billion
ROME -(Dow Jones)- Italian Economy Minister Giulio Tremonti said Tuesday that tax breaks for companies that reinvest their profits to buy machinery will total about EUR4 billion.
Tremonti was speaking at a press conference in Rome.
The tax breaks are part of a stimulus plan, aimed at boosting investment and confidence in Italian businesses.
-By Luca Di Leo and Sofia Celeste, Dow Jones Newswires; +39-06-69766920; sofia.celeste@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=vtgt79XbJ%2FTpTPxxSJGGtQ%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
June 30, 2009 12:14 ET (16:14 GMT)
Copyright 2009 Dow Jones & Company, Inc.
ROME -(Dow Jones)- Italian Economy Minister Giulio Tremonti said Tuesday that tax breaks for companies that reinvest their profits to buy machinery will total about EUR4 billion.
Tremonti was speaking at a press conference in Rome.
The tax breaks are part of a stimulus plan, aimed at boosting investment and confidence in Italian businesses.
Web site: www.governo.it
-By Luca Di Leo and Sofia Celeste, Dow Jones Newswires; +39-06-69766920; sofia.celeste@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=vtgt79XbJ%2FTpTPxxSJGGtQ%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
June 30, 2009 12:14 ET (16:14 GMT)
Copyright 2009 Dow Jones & Company, Inc.
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