[ExI] Abandon all services

[Stefano Vaj]

On Nov 10, 2007 5:59 PM, BillK <pharos at gmail.com> wrote:

> Italy is recognised as having a very large 'black' economy.
> The IMF reckoned that up to a third of workers are 'off the book'.
> Tax evasion is a way of life for small business in Italy.
> (One set of accounts for the tax man and another set for running the
> business).
>
> Not all the 'black' economy is criminal or Mafia activities. Much
> 'black' economy activity is ordinary jobs that would never be done if
> they were taxed and regulated by officialdom.


This is unhealthy for a  large serious or reasons, not the least being that
this generates corruptions since while some rules may be rarely enforced, an
exception can always be made the other way around. But it is perfectly true
that *taxation policies themselves* take into account some degree of evasion
(or today perhaps more often avoidance). This means of course that full
compliance exposes one to be outcompeted in the market...

>
> Following the rules in Italy is regarded as the last resort, if all
> other options fail.
>

Well, let us say that some rules are taken more seriously than others, and
that actual chances of enforcement, especially given that as far as civil
liability is concerned we do not have such things as punitive damages, is
usually factored in... :-)

Stefano Vaj
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