Italy aims to raise flat tax for rich foreigners by 50%
Increase to €300,000 would be severe blow to wealthy expats seeking to escape higher levies elsewhere in Europe
Increase to €300,000 would be severe blow to wealthy expats seeking to escape higher levies elsewhere in Europe

Revenue-raising target was contained in document sent to EU on Thursday but risks clash with lenders

Finance ministry’s proposal aimed at tackling housing crisis causes stir within Giorgia Meloni’s rightwing coalition

Favourable tax regime is drawing wealthy newcomers and changing the city’s dynamic

Unions call for end to automatic increases linked to life expectancy under crisis-era pension law

The country has shown investors what happens when political stability, fiscal credibility and industrial strengths are aligned

Think-tank says the policy is not the answer to inequality and would drive internationally mobile super-rich to leave Britain