New Italy Tax Evader Tack: Scare Them
First published in the Wall Street Journal, 20 November 2012
The Italian government has created a web application which allows people to gauge whether their declared income is in line with their actual yearly spend.
The multiple-choice "redditest," or "income-test," as it is called, asks individuals to input their salaries and then specify whether they own a scooter, helicopter or boat, live in a villa or studio and spend money on antiques or electrical appliances, among many other queries. It concludes with a green light if the information adds up with their income and a red light if it doesn't, allowing taxpayers to rectify any shortcoming.
The redditest "is a way for the tax agency to say: watch it, we're watching you. And it helps taxpayers ask themselves questions and properly calculate their declared expenses," said Guido Arie Petraroli, Taxand Italy.
See the Wall Street Journal for the full article
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