Italy Takes Quirky Approach to Catching Tax Evaders
Authorities raid posh ski resort, find lots of hard-to-explain Ferraris
By John Johnson, Newser Staff
Posted Jan 5, 2012 3:56 PM CST
A Ferrari drives down Rome's fashionable Via del Corso shopping street on Dec. 9.   (AP Photo/Andrew Medichini)

(Newser) – Italian authorities paid a not-so-friendly visit to a ritzy ski resort to try to put a dent in an entrenched culture of tax evasion: They traced all the Ferraris and other luxury cars parked there and found that 42 belonged to people who had declared incomes of $38,700 or less, reports Reuters. Those owners now have some serious explaining to do, as do local shops and restaurants accused of failing to issue receipts to skirt the tax man. New PM Mario Monti promises to clean house on tax cheats, and the new methods may be just the start.

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Showing 3 of 13 comments
Jan 5, 2012 6:12 PM CST
Couldn't they just cross reference the car title registry against the income tax records? It would save them a trip to the ski resorts.
Jan 5, 2012 4:44 PM CST
We should give it up for the IRS - one of the most fair taxation enforcement agencies in the world. It just works.
Jan 5, 2012 4:38 PM CST
Corrupt government officials just jealous that noone has bought them a Ferrari.