IMF Staff Country Reports

Italy: Technical Assistance Report-Enhancing Governance and Effectiveness of the Fiscal Agencies

July 20, 2016

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Italy: Technical Assistance Report-Enhancing Governance and Effectiveness of the Fiscal Agencies, (USA: International Monetary Fund, 2016) accessed November 21, 2024

Summary

This Technical Assistance Report discusses measures to enhance the effectiveness of tax administration system in Italy. The Italian tax administration system comprises multiple entities, which demands tight coordination. Tax revenues are high, but collection performance in the main taxes is mixed. The agencies’ accountability framework to the Ministry of Economy and Finance is very detailed and should be more strategic. The agencies have not been empowered to develop their own medium-term strategic plan. A holistic approach to managing risks to the tax system is needed, including targeted compliance strategies. The accumulation of tax debts is alarming, and structural issues need to be addressed urgently.

Subject: Auditing, Public financial management (PFM), Revenue administration, Tax administration core functions, Tax fraud, Taxes, Value-added tax

Keywords: Administration function, Africa, Agency staff, Audit program, Auditing, Compliance management, CR, ISCR, Risk assessment, Tax administration, Tax administration core functions, Tax agency, Tax authorities, Tax fraud, Value-added tax, Value-added tax

Publication Details

  • Pages:

    69

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/241

  • Stock No:

    1ITAEA2016005

  • ISBN:

    9781498374446

  • ISSN:

    1934-7685