Italy’s government extended the deadline for the payment of taxes to July 9 from June 18, according to the Ministry of Finance.
Payment of the new property tax known as IMU must still be made by June 18, the ministry said in a statement yesterday. Italy expects to raise about 21 billion euros ($26.3 billion) from the new levy that was passed in December, Prime Minister Mario Monti’soffice said on May 18.
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