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Italian tax evasion reportedly surging to €112.8 billion

Original: JUST IN: Tax evasion in Italy is reportedly surging, with a government report estimating up to €112.8 billion in unpaid

A new Italian government report estimates up to €112.8 billion in unpaid taxes and social contributions, pointing to a surge in tax evasion. The figure is drawing widespread attention in Italy, where tax avoidance has long been a major fiscal problem, and is likely to fuel political debate over enforcement and public finances.

Why now: The newly reported government estimate of a sharp rise in unpaid taxes is striking news with major fiscal and political implications.

ItalyItalian government

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