Italy Urges Banks and Energy Firms to Advance Taxes

Italian Deputy Prime Minister Antonio Tajani suggested that banks and energy companies should bring forward tax payments to bolster public finances. He stated that negotiated agreements are preferable to windfall taxes for funding next year budget.

Italian Foreign Minister Antonio Tajani speaks during a joint press conference at the MED9 Leaders' Summit in Portoroz, Slovenia, October 20, 2025. REUTERS/Borut Zivulovic

Italy's deputy prime minister proposed on Friday morning that banks and energy companies bring forward tax payments to bolster public finances. The plan aims to fund next year's budget without introducing official tax hikes for citizens. Officials hope the measure will mirror voluntary advance agreements reached with corporations last year.

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