October 31, 2026StocksMacroPolitics·Bearish·fiscal policy
Italy's 2027 budget IRES hike to 30.5% seen cutting regulated utilities' net income ~3%
Recent reports on Italy's 2027 budget indicate new fiscal measures, including raising the IRES corporate tax rate from 27.5% to 30.5%. For regulated network operators like Snam, Terna and Italgas, the burden is expected to cut net income by roughly 3%, as the costs cannot be recovered through regulated tariffs.
Detected & updated continuously · Source: Nebula
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ItalySnamTernaItalgas