TaxPersonal TaxTax details of Italy’s rich disclosed

Tax details of Italy's rich disclosed

Ousted tax minister authorises online disclosure of personal details on income and tax of every Italian citizen

Italy’s glitterati were left reeling this week when the Italian National Tax
Office published their income and tax details online in a freely accessible and
alphabetically-arranged list.

Former tax minister Vincenzo Visco authorised the move to release the details
of every Italian citizen just days before he left office, following the general
election.

‘This is an act of transparency, of democracy, similar to what happens
elsewhere in the world,” said Visco, according to The Telegraph.

Italians soon made the discovery and quickly forced the site to crash as
thousands began to log on keen to find out how the other half live.

The details related to the year 1995. Fashion designers such as Giorgio
Armani held the lead earning £35.1m, while Miuccia Prada and Donatella Versace
fell short of double figures, earning £4m and £1.7m respectively.

Footballers and football club presidents also topped the list. Christian
Vieri, the former Inter Milan striker, earned £17.5m in the year of his transfer
to AC Milan. Vieri earned more than the president of Inter, Massimo Moratti
(£15.6m), but less than the president of AC Milan.

New prime minister Silvio Berlusconi made £21.9m in 1995.

Related Articles

LITRG urges government to consider tax changes in disability work plan

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

3d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w 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

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

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

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter