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A comment on Italy proposes tax on savings hidden in safety deposit boxes.

Re:Italy proposes tax on savings hidden in safety deposit boxes by jermaustin1 on Friday June 14, 2019 @09:23AM (#20182721)
How will they enforce this? Manually opening ever safety deposit box? I know at my bank (probably all of them?), you need my key and the bank key to open a box.

Are they going to request every single person go to their box, open it and show it to the tax man?

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Re:Italy proposes tax on savings hidden in safety deposit boxes by LannisterDebt on Friday June 14, 2019 @09:25AM (#20182745)
Are they going to give you advanced notice of these bank box inspections? There's no way anyone would remove property to avoid a tax of course.
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Re:Italy proposes tax on savings hidden in safety deposit boxes by dsfyu404ed on Friday June 14, 2019 @09:39AM (#20182862)
>There's no way anyone would remove property to avoid a tax of course.

I'm not sure if you're being facetious but people with something to hide will just get a safe deposit box in another country. It's like a one day drive to cover all of Italy and let's be honest here, most of the safe deposit boxes that suddenly need emptying won't be in the south.

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Re:Italy proposes tax on savings hidden in safety deposit boxes by jcranmer on Friday June 14, 2019 @10:16AM (#20183186)
> most of the safe deposit boxes that suddenly need emptying won't be in the south.

But aren't the powerful illicit crime organizations all in the south? Or are all of the ill-gotten gains laundered elsewhere?

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Re:Italy proposes tax on savings hidden in safety deposit boxes by LannisterDebt on Friday June 14, 2019 @09:50AM (#20182958)
Sometimes I forget how small European countries are.
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