04 April 2012

EUROZONE / ITALY : Bari Yacht Raid Bares Ugly Tax Evasions.


      Italian tax police raided a Bari marina...and found big expensive yachts...owned by people and companies that had declared almost no income...and paid no taxes.
     Of 963 yachts and boats...police found that 286 vessels...had owners who filed low...or no tax returns.
    New technocrat PM 'Super Mario' Monti has aggressively begun efforts to recover billions   lost thru tax evasion.