Italy Scraps Road Tax for Most Cars as Election Nears
The exemption would cover all motor-bikes and more than 70% of small- and medium-sized cars, the cabinet office said.
- On Wednesday, Italian Prime Minister Giorgia Meloni announced the government will abolish road tax for 14.5 million cars and motorbikes, calling it elimination of one of the taxes "most hated" by Italians.
- The conservative coalition introduced the tax cut to boost support before next year's national election, facing pressure from Roberto Vannacci's National Future party, which is steadily gaining ground.
- Costing €2.36 billion, the one-year exemption runs from January 1 to December 31, 2027, as Italy's public debt peaks at 139% of GDP, replacing Greece as the most indebted eurozone country.
- The benefit covers all motorbikes and more than 70% of small- and medium-sized cars, though citizens are restricted to using the exemption for just one vehicle each.
- Rossano Sasso, a senior aide to Vannacci, dismissed the measure as a diversion from rising fuel prices, calling it "treating pneumonia with a throat lozenge" after the government spent €2.8 on excise duty cuts.
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73 Articles
Italy decided to eliminate the car tax for 14.5 million cars and motorcycles, announced, on Wednesday, Prime Minister Giorgia Meloni, a measure that would cost the state budget - already under pressure - over 2 billion euros, according to ANSA, quoted by Agerpres.
A new tax decision affecting millions of vehicle owners has been made in Italy. The government has decided to abolish motor vehicle tax for 14.5 million cars and motorcycles throughout 2027.
The decision of the Council of Ministers today: abolished the stamp, in 2027, for small and medium-power cars (up to 80 kW) and for all motorcycles. To compensate the Regions for the lack of revenue, the State plans to transfer, next year, funds for 2,3 billion euros
With a surprise move, he introduced an exemption that will cover small and medium-power cars and all motorcycles, but with limits
"Today, the government is abolishing one of the taxes that Italians hate the most," said Meloni.
Italy's Meloni scraps road tax for most cars as election nears
ROME, Sept 16 - Italy is abolishing road tax for 14.5 million cars and motor-bikes, Prime Minister Giorgia Meloni said on Wednesday, in a move estimated to cost the country's strained state coffers more than €2 billion ($2.31 billion). Read more at straitstimes.com.
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