The "Redditometro" (an Italian tax assessment tool) has proven ineffective, as fiscal investigations into bank accounts have yielded minimal results. Over 13 years, the financial administration conducted fewer than 100,000 audits (84,155) on Italian taxpayers' bank accounts, uncovering just €7.2 billion in unpaid taxes. From 2010 to 2022, an average of 6,500 audits were performed annually, each identifying an average of €86,000 in additional taxes owed. The peak year for audits was 2013, with 12,069 inspections, while 2021 had the lowest figure (1,691). The year with the highest tax recovery was 2012 (€1.2 billion), whereas 2020 saw the lowest amount (€115 million - a year marked by Covid). According to a document published by the Unimpresa Study Center, given that the entire yearly value of tax evasion is roughly 100 billion euros, bank investigations allow for the identification of, at best, a share of hidden money of just over 1%.
|