In Italy, the tax on superprofits before the judge

In Rome

Whereas France debates whether to tax ‘superprofits’ related to the explosion of energy price, Italy was, in March, long before Great Britain, the first country to do so. And this, in the form of an “extraordinary contribution against high bills“, formulation which is careful not to speak of “benefits”, even if it is not without recalling the “tax on the additional profits of war”. The President of the Council Mario Draghi was the first to estimate that these profits should be used to finance aid plans for households and businesses whose energy bills were exploding. While the results of the major listed energy groups have actually been multiplied, the government then hoped to withdraw more than 10 billion euros in tax revenue over the year, including 4.2 billion before June.

Initially designed as an additional tax of 10% on additional profits, it was quickly carried over…