ROME May 21 The Italian government is concerned
about truck and tractor maker Fiat Industrial's plan to
move its tax residence to Britain from Italy, a government
minister said on Tuesday.
Fiat Industrial will make the move after its planned merger
with unit CNH, according to a filing with U.S.
regulators. Leaving high-tax Italy is likely to result in a
lower tax burden for the new group.
"It's a decision that should not only worry us but also
stimulate us to create conditions so that companies stay in
Italy," said Infrastructure and Transport Minister Maurizio
(Reporting By Giuseppe Fonte, writing by Catherine Hornby,
editing by Naomi O'Leary)