Italy is known for many things: its art, landscapes, food and wine, for example. But they also have the dubious honour of being crowned the biggest tax dodgers in the EU.
Italy recovered a record €14.9 billion in unpaid tax in 2015, helped by a new "no questions asked" appeal to suspected
dodgers to put their affairs in order.
Prosecutors in Milan are investigating five Google executives as part of a probe into the US tech giant over its alleged failure to pay over €227 million in taxes.
US tech giant Apple has agreed to pay €318 million in tax owed to Italy’s inland revenue, wrapping up an investigation that got underway in 2013, according to a report in La Repubblica.
Italy's financial police pressed charges
against over 13,000 people for suspected tax fraud in 2014, more than half of
whom were not declaring any income, a new report showed on Wednesday.
The former captain of Italy’s national football team, Fabio Cannavaro, has been handed a ten month sentence for entering his own villa and taking a swim in the pool.
Italy and Switzerland on Monday signed a "historic agreement" to fight tax evasion, giving Italians until September to disclose funds hidden across the border.
UPDATED: Eni, the Italian oil and gas giant, has pledged "full cooperation" with the authorities after it was revealed that a former marketing chief and a current manager are being probed for alleged tax evasion.
Troubled Italian fashion giant Prada stonewalled questions over its tax affairs on Monday after it emerged that its
top two executives are being investigated for allegedly not disclosing many millions in overseas earnings to Italian authorities.
A record number of Italians signed up to pay their taxes last month, thanks to a revamped system, the threat of fines and taxpayers' positive attitude, one expert told The Local.
