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𝕏xIT first seen 1 d ago, last 5 h ago, peak #1

Italian tax evasion estimated at €112.8 billion

Original: JUST IN: Tax evasion in Italy is reportedly surging, with a government report estimating up to €112.8 billion in unpaid

A new Italian government report estimates that up to €112.8 billion in taxes and social contributions went unpaid, pointing to a surge in tax evasion. The figure is drawing attention as a major fiscal problem for Italy, with debate expected over enforcement, gap between declared and actual income, and what measures the government will take to recover lost revenue.

Why now: The size of the estimated unpaid taxes makes Italy's tax evasion a suddenly prominent fiscal and political issue

ItalyItalian government

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