Re:Italy proposes tax on savings hidden in safety deposit boxes
by markvdb on Friday June 14, 2019 @09:29AM
(#20182773)
This is about enticing tax evaders to come clean. The 15% rate supposedly includes back taxes on some forms of undeclared income.
Knowing the official Italian tax rates, that would make it a very compelling deal. Many tax evaders would basicly be taxed at a much lower rate than had they paid their taxes correctly in the first place.
Knowing the official Italian tax rates, that would make it a very compelling deal. Many tax evaders would basicly be taxed at a much lower rate than had they paid their taxes correctly in the first place.