Italian govt set for 4-bn-euro payday after tax dodgers disclose wealth

The Italian government says it is set to rake in at least 3.8 billion euros after tax dodgers took advantage of an amnesty deal to declare money and assets hidden abroadThe Italian government said Wednesday it was set to rake in at least 3.8 billion euros ($4 billion) after tax dodgers took advantage of an amnesty deal to declare money and assets hidden abroad. The so-called voluntary disclosure programme, which was launched a year ago and ended on November 30, brought to light nearly 60 billion euros in undeclared wealth, the economy ministry said in a statement. “The (resulting) tax revenues are estimated at around 3.8 billion euros.

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