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Subject Italians evaded £100billion in taxes in ONE YEAR... nearly four times its new austerity budget
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Original Message Italians evaded an estimated 119.6billion euros (£100billion) in taxes in 2009, it was claimed today.

The amount is nearly four times the value of the Prime Minister Mario Monti's new austerity budget, according to new calculations reported by Rome daily La Repubblica today.

Italy’s most-evaded tax was IRPEF - or income tax - with a 'hole' of 49.5billion euros (£41.3billion) not paid in 2009, or 25.8 per cent of the total revenue.

The Italian state also failed to collect 44.7billion euros (£37.3billion) in value added tax, or 31.5 per cent of total revenue, in 2009, it said.

Last but not least, 15.6 per cent of Italian workers are irregularly employed, the report said.


Read more: [link to www.dailymail.co.uk]
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