Business · Economy · 15 hrs ago
Italy’s 2027 budget plan includes at least €5 billion in extra taxes
Italy’s 2027 budget plan adds at least €5 billion in taxes, according to an estimate cited in coverage of the measures.
The increases affect cigarettes, gambling and financial trades, while electricity bill charges may also help fund energy support for businesses.
Cigarette prices are due to rise by an average of 25 cents a pack in January and another 15 cents from July.
Taxes paid by gambling operators will rise, and slot machine betting and prize limits will double.
From 2029, some business energy aid will be funded through electricity bill charges, which could add up to €100 per customer.
The Tobin tax on some share trades will double from 2027, with the higher rates expected to raise €1.38 billion a year.
Italy’s 2027 budget plan proposes tax increases on cigarettes, gambling and financial transactions, as well as using electricity-bill charges to help fund energy support for businesses.
The measures are expected to raise at least €5 billion in additional taxes, according to Corriere della Sera citing Il Sole 24 Ore.
Cigarette prices are expected to rise by an average of 25 cents per pack in January 2027 and a further 15 cents from July.
Taxes paid by gambling operators would increase, while limits on traditional slot-machine stakes and winnings would double.
From 2029, some business energy support would be funded through electricity-bill charges, which could add up to €100 per user.
- Who
- Italy’s government proposes the measures. They would affect cigarette buyers, gambling operators, financial-market participants and electricity users.
- What
- The 2027 budget plan includes higher taxes on cigarettes, gambling and financial transactions, and electricity-bill charges to help fund business energy support.
- When
- The plan was reported on 9 November 2026. Some changes are scheduled for 2027, and electricity-bill funding is planned from 2029.
- Where
- Italy.
- Why
- To raise state revenue and help finance other measures, including energy support for businesses.
This story does not have two clearly opposing sides.
The first planned cigarette price increase takes effect, averaging 25 cents per pack.
A second planned cigarette price increase adds 15 cents per pack.
Part of the energy support for businesses is planned to be funded through electricity-bill charges.
The plan allocates further electricity-bill charges to fund business energy support.
- Expected additional tax revenue
- At least €5 billion, according to Corriere della Sera citing Il Sole 24 Ore
- Cigarette price increase
- 25 cents per pack in January 2027 and 15 cents from July
- Traditional slot-machine tax
- 24% to 25%
- Videolottery tax
- 8.6% to 9.6%
- Tobin tax on regulated-market share purchases
- 0.20% to 0.40%
- Potential added electricity-bill charge
- Up to €100 per user