2010-08-23bloomberg.com

"Evasion is rampant in Italy, one of the world’s 15 richest nations based on per-capita GDP, where only 0.2 percent of taxpayers declare income of more than 200,000 euros a year. Berlusconi said earlier this year that about 22 percent of the economy is underground, and Italy misses out on 100 billion euros a year in unpaid levies."



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