Ferrari Considers Fiscal Residence Outside of Italy

Ferrari is considering relocating its fiscal residence from Italy as part of its spinoff from Fiat. This move, while symbolic, could impact public opinion in Italy. Despite production remaining in Maranello, the fiscal base might shift to the UK due to lower corporate taxes and a more favorable business environment. Italy ranks poorly in business and tax burdens compared to the UK. The potential move could lead to political backlash, with Matteo Renzi's government trying to modernize Italy's corporate environment. However, it might be too late for Ferrari, as it was for Fiat.

Why is Ferrari considering moving its fiscal residence to the UK?

• To expand its market in the UK

• To benefit from lower corporate taxes

• To increase production capacity

• To merge with Fiat

What is the expected impact on Italy if Ferrari moves its fiscal residence?

• A symbolic blow to the country

• Improved public opinion

• A boost in Italy's economy

• Increased car production in Italy

How will Ferrari's production be affected by the fiscal move?

• Production will move to the UK

• Production will decrease significantly

• Production will increase in Maranello

• Production will remain in Maranello

What is Matteo Renzi's stance on the location of corporate headquarters?

• He has no opinion on the matter

• He wants to move headquarters to the US

• He insists on headquarters being in Italy

• He prioritizes where the cars are produced

What challenge does Matteo Renzi face in retaining companies like Ferrari?

• Insufficient production facilities

• Political instability

• High corporate taxes

• Lack of skilled labor