Bicchielli backs gambling sponsorship tax restrictions in Italian fuel decree debate
By SectorWire desk ·
Summary
Bicchielli of Forza Italia backed restrictions on gambling concessionaires’ tax deductions during the Chamber debate on the fuel decree. He cited treating certain investments as representation expenses and denying deductions for spending on prohibited sponsorships.
Why it matters
The proposed restrictions would deny gambling concessionaires deductions for prohibited sponsorship spending and treat certain investments as representation expenses.