Tax evasion in Italy

in Business Security

Tax evasion in Italy cost the state up to $142 Billion in lost tax revenue in 2010. Tax experts believe that up to a quarter of all economic activity in Italy goes untaxed, with assets hidden in off-shore accounts.

Source: Mark Duff, “Italian ad campaign aims to shame tax dodgers,” BBC News, August 13, 2011.

Previous post:

Next post: