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Italy is a primary tourist destination.
Employs tax treaties to prevent double taxation of corporate profits earned abroad
Provides insurance against political risk for both domestic and foreign firms
Tuition for foreign students the same as for nationals
Italy is at the hub of the low cost flights revolution, with connections to its many airports from just about any worldwide airport.
This fact is forever enhancing its strong tourist industry and welcoming increasing numbers of tourists each year
Rural tourism is becoming a strong tourist market and there are grants for property renovation in rural areas
There is strong rental potential from both the tourist market and a strong internal market
Low greenhouse gas emissions rate per capita (8.3 tons of carbon dioxide equivalent
Despite an often complex tax system, there is no capital gains tax on profits from Italian property. This allows the investor maximum returns on investment
Military ships stationed in sea lanes that are important to international trade
Small share of government R&D expenditure on defense
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Low net aid volume as a share of the economy (0.17%; rank: 18)
Small amount of private charitable giving attributable to tax policy (rank as a share of GDP: 21)
Large share of tied or partially tied aid (54%; rank: 21)
Contributes to project proliferation; small average project size (rank: 19)
High tariffs on agricultural products (38.7% of the value of imports; rank: 6)
High agricultural subsidies (equivalent to 11.9% tariff; rank: 8)
Does not actively participate in the Extractive Industries Transparency Initiative (EITI) or the Kimberley Initiative on blood diamonds
Does not provide support for outflows of portfolio investment
Only a small increase during the 1990s in the number of unskilled immigrants living in Italy (rank by share of population: 17)
Bears small share of the burden of refugees during humanitarian crises (rank: 16)
Greenhouse gas emissions grew almost as fast as GDP in 1997–2007 (average annual growth rate/GDP, –0.4%; rank: 19)
Small financial and personnel contributions to internationally sanctioned peacekeeping and humanitarian interventions over last decade (rank by share of GDP: 15)
Low government expenditure on R&D (rank by share of GDP: 18)
Small tax subsidy rate to businesses for R&D (rank: 21)
Allows patents on plant and animal varieties
Offers patent-like proprietary rights to developers of data compilations, including those assembled from data in the public domain
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