1. The tax compliance smothering Italian SMEs
Presented by Luciano Monti
Adjunct professor of European Economic Policy
LUISS Guido Carli
at the Conference
“Tax compliance costs for the SMEs sector”
held in Rome, May 21st 2015
Translation from original set in Italian language

2. The relevance of tax compliance (within the fiscal Italian system)

3. Estimated tax compliance economic impact by fiscal tool (procapita euro for company)
Corporate income tax Corporate tax VAT Retention taxes Excise taxes Minor and local taxes

4. Estimated internal company procapita costs for tax compliace (in euro)
Micro company Small company Medium company Medium cost
Source: elaboration ISTAT 2011 data and estimates

5. Estimated total tax compliance costs in billion euro in 2011
Micro companies Small companies Medium companies
Source: elaboration ISTAT 2011 data and estimates

6. Quota of total estimated tax compliace in the SMEs sector
Source: elaboration ISTAT 2011 data and estimates

7. Estimate internal and external tax compliance costs in billion euro
Internal costs
External costs
Micro companies Small companies Medium companies
Source: elaboration ISTAT 2011 data and estimates

8. The shadow costs of the Italian fiscal system
0,5 medium companies
3,2 small companies
25,4 micro companies
Source: elaboration ISTAT 2011 data and estimates

9. Source: elaboration ISTAT 2011 data and estimates
Tax compliance costs vs. Research&Development investments in the private SMEs manufacturing sector (in billion euro)
R&D Italian companies yearly investments Tax compliance yearly cost for manufactoring sector
Source: elaboration ISTAT 2011 data and estimates