English translation: Italian regional tax on productive activities
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Italian to English translations [PRO] Bus/Financial - Investment / Securities / property
Italian term or phrase:IRAP
di beneficiare di vantaggi fiscali (nessuna imposizione patrimoniale e reddituale (IRES e IRAP) in capo al fondo, tassazione sui partecipanti pari al 12,5% dei proventi percepiti e sui capital gain realizzato.