CAPITAL LEVY IN ITALY
UNPRECEDENTED ACT CONCESSIONS FOR FOREIGN INVESTMENTS (Received October 20, 9.50 a.m.) ■ ROME, October 19. Cabinet has imposed an extraordinary levy, of 10 per cent, on the capital and stock of all Italian companies. A capital levy is unprecedented in Italy. Cabinet has also increased the duty on estate and ordinary business transactions from 2i per cent, to 3 per cent. A measure has been passed providing encouraging concessions for foreign investments in Italy before the end of 1939. _____________
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Evening Post, Volume CXXIV, Issue 96, 20 October 1937, Page 13
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82CAPITAL LEVY IN ITALY Evening Post, Volume CXXIV, Issue 96, 20 October 1937, Page 13
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