The Hi - Tech Italian way to track 'fake poor'
TO combat tax evasion, the Italian Revenue Agency has launched a new software system to automatically check information about the incomes and expenses of taxpayers in order to uncover evidence of tax evasion and tax dodging.
The system, officially called Redditometro, will cross-check 80 pieces of information about each taxpayer across 128 separate databases, automatically triggering a warning and calling for an investigation to be conducted if the declared incomes and recorded outgoings of a taxpayer are found to differ by more than 20 percent.
The deputy director of the agency informed that the new system is extremely versatile and would detect tax evasion on a wide range of scales, from the ultra-wealthy hiding away millions of Euros, to average households manipulating their financial affairs to become "fake poor".
Presuming we employ this software, one thing is certain –the alarm bells would never fall silent!