Italian Taxpayers Voluntary Disclose €30 Billion of Funds

By | October 29th, 2015|Categories: Doing business international|Tags: , , , , |

In the end of 2014, Italian government approved provisions on money laundering and tax evasion, the so-called Tax Voluntary Disclosure Program. The results of the program are outstanding. As for September 2015, over 2.5 million Italians voluntarily disclosed a total of nearly €30 billion.   The legislation of Voluntary Disclosure aims at stimulating Italians to declare [...]