Sunday February 28, 2021

Italy’s rich moving yachts amid tax crackdown

In an attempt to tackle Italy’s (US) $2.3 trillion debt crisis, thousands of wealthy yacht owners are fleeing Italian shores to escape a tax evasion crackdown. Prime Minister Mario Monti launched a campaign six months ago against suspected tax evaders, and as many as 30,000 yachts have fled to safer shores in the hope they will not get caught.  More…

Posted by at July 16, 2012
Filed in category: Law, Obvious, Politics, Tabloid,

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