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Italy recovers record €19 billion from tax evasion in 2016

The Local Italy
The Local Italy - [email protected]
Italy recovers record €19 billion from tax evasion in 2016
Italy's Finance Minister Pier Carlo Padoan said "the government does not wink at evaders". Photo: Fabrice Coffrini

Italy's inland revenue last year managed to recover a record €19 billion in its fight against tax evasion.

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Economy Minister Pier Carlo Padoan was cited by the news agency Ansa as saying: "The government does not wink at the evaders, but at the honest companies and taxpayers, who are helped to respect the law, not get things wrong, and to correct mistakes, without using a pointlessly punitive approach."

The amount is higher than the €14.9 billion in unpaid tax recovered in 2015, which was helped by a new "no questions asked" appeal to suspected dodgers to put their affairs in order.  Some €14.2 billion was recovered in 2014.

 

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