TaxPersonal TaxItalian tax dodging reaches ‘indecent level’

Italian tax dodging reaches ‘indecent level’

Prime minister launches crackdown

Romano
Prodi, the Italian prime minister
has launched a tax evasion crackdown after
he claimed the problem had reached an ‘indecent level’.

Italy is well known for its tax evasion problems. In 2004, £182bn of tax was
dodged, while figures from the treasury show that one fifth of Italy’s GDP is
lost to unpaid taxes.

As a result honest taxpayers are submitting, on average, more than half their
salaries in tax to keep the country running.

Further reading:

Prodi to boost powers at Olaf

In profile: EC president Roman Prodi

Prodi comes out fighting for Eurostat

Related Articles

Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

3w Alia Shoaib, Reporter
Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

2m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

4m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

5m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

6m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

9m Alia Shoaib, Reporter