Italy’s Chamber approves tax rules for gaming concessionaires and sponsorship costs
Italy’s Chamber of Deputies approved a bill amending the Fuel Decree, with 162 votes in favour, 108 against and five abstentions. The measure classifies certain concessionaire communication spending as representation expenses and makes costs for specified prohibited sponsorships non-deductible; the bill now goes to the Senate, with conversion due by 25 September.
The proposed tax treatment affects gaming concessionaires’ communication spending and costs linked to prohibited sponsorships.