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State earned 2 mn euros from tax sweep in Cortina

130 billion euros evaded annually in Italy

02 April, 17:13
State earned 2 mn euros from tax sweep in Cortina (ANSA) - Rome, April 2 - Italy recovered two million euros in dodged taxes in a high-profile sweep in the mountain resort of Cortina d'Ampezzo in 2012 aimed at countering rampant tax evasion, tax agency head Attilio Befera told the Senate on Wednesday.

Befera said 1.2 million came from unpaid income corporate tax IRES and regional production tax IRAP, 224,000 euros from unpaid VAT and 675,000 euros in sanctions.

Italy's fight against tax evasion reaped 13.1 billion euros last year, up from 3.8 billion in 2001, Befera said.

An estimated 130 billion euros are evaded annually in Italy.

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