Home » Italy »Italy news » Currently Reading:

The Italian national sport

June 14, 2007 Italy, Italy news No Comments

Admit it, you thought the Italian national sport was football, didn’t you?  Well, you are wrong.  The actual Italian national sport is tax evasion.

Around 270 billion Euros never get declared.  (Although, if this sum is not declared, how they can know it is 270 billion Euros is a bit of a mystery to me!)

The level of evasion in the Living Museum is growing too, or so it would seem from the numerous articles plastered all over the Italian dailies today.

Sky news, in one of its news oriented chat shows last night, tried to establish just why so many low-earning Italians can afford luxury boats costing, before running costs, around 1 million plus Euros a piece.  Appartently the number of luxury boats registered comfortably exceeds the number of tax payers who admit to having an income in excess of 200,000 Euros.

I did try to follow the Sky program, but got annoyed and switched off (as usual) when each participant tried, in the Italian way, talking (which then becomes shouting…) over the top of the other participants, meaning that nobody, as usual was listening to anything other than the dulcet sound of his own sweet voice.  Even the chat show host was at it.  But this is perfectly normal.

Anyway, I digress.  If you are looking to reduce the amount you donate in taxes, then I heartily recommend hiring an Italian tax adviser.  Or you could just move to Italy, pay only the bare minimum in tax, and wait until the next inevitable tax-amnesty.  And should those nasty tax police get too close, you can always stuff all your dosh in a suitcase, pop over to Switzerland and open one of those nice numbered bank accounts for which the Swiss are famous.

Fancy popping round to my place for a few beers, a pizza, and to watch the Finance Police v the Evaders footie match this evening?  I’ll provide the F24s.

Reblog this post [with Zemanta]

Comment on this Article:







Recent Comments

  • Al: Hi Sam,You gave Alex’s page on “Speeding, and other traf...
  • Sam: Hi AlThanks Al and Alex for the very useful information ...
  • PabloUK: Irm,As you will have seen from earlier posts in this thr...
  • Digital Food Photography in Siena: Ciao Melania: Both Alessandro and Barbara are professionals...
  • nelania sollini: Ho letto con molto interesse. Da anni mi occupo di fotografi...

Advert

Book Luxury Italy Holidays - CItalia the leading Italian specialist

Globalpost

Blog From Italy at Blogged

Essential Italy Books from Amazon.co.uk

Useful Links

Hire a car in Italy
Auto-Europe - Car Hire Italy
Buy Italian Wine
Oliver McCrum Wines
Go Tuscany!
Tuscany Villas

The 442 Pub in Milan

442 Pub Milan

Blog Flux Directory

Find the best blogs at Blogs.com.

Visit Beautiful Italy

Want to visit beautiful Italy? Start your trip in Rome and book one of the hotels in Rome through EasyToBook.com. EasyToBook.com are a Blog from Italy contributor.

Hotels in Rome

Want to visit Rome? Take a look through Expedia.co.uk's selection of hotels in Rome. Expedia.co.uk are a Blog from Italy contributor.

Follow Blog from Italy

Via RSS: Blog from Italy's Feed

To get Italy flavour news and updates via Twitter, follow: @newsfromitaly 2300+ followers and counting.

Italy News

Francesco Cossiga Understood Italy

18 Aug 2010

For those who did not know, Francesco Cossiga, who died the other day, was an Italian politician and one time President of Italy. Cossiga hailed from Sardinia, was a fan of John Le Carre and had earned himself the nickname “the pickaxe” owing to his no holds barred criticism of other Italian politicians.

Berlusconi v Fini – Slinging Old Mud

12 Aug 2010

As you may be aware, the generally tumultus world of Italian politics is in turmoil. The Berlusconi government is teetering on the brink of collapse, but what is really surprising, is that this collapse was sparked from the inside.

Berlusconi Divorces Fini

30 Jul 2010

Kotipizza Berlusconi

From spat to full-blown split. Silvio Berlusconi’s marriage of political convenience to Gianfranco Fini has ended in tears. Scorned lover Berlusconi even rejected Fini’s last minute attempts to kiss and make up and remain part of Berlusconi’s party of love. End of love in. Period.

Ads

Related Posts

Offshore Piracy?

If you follow Italian news, then you will know something of the amnesty designed to recoup the billions Italians have stashed out of the reach of Italy’s taxman in comfy offshore accounts.

Tax Evasion in Italy

If you want to minimise or extinguish your tax liability, engage an Italian tax advisor. Italy’s income tax advisors must be some of the best in the world and Italy’s tax advisors are real ‘value for money’ professionals too.

Do Italian Banks Encourage Tax Evasion?

Is it possible that banks in Italy encourage tax evasions, albeit indirectly. This is a question I’ve ended up asking myself recently.