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Italy and Bulgaria - Leaders in Tax Misrepresentation (Illegal Tax Evasion)

by Stefan Nikolov   October 10, 2008

Italy is in the leading position of the black list of countries with highest percentage of tax misrepresentation, a survey of the association Contribuenti.it claims.

The research was made together with Kris Network of Business Ethics.

According to the survey the misrepresented taxes in Italy comprise 23% of the GDP of the country, ProntoSofia writes.

Second comes Romania with 21%, third - Bulgaria with 18%. Last in the black list are Great Britain with 6%, Belgium with 5% and Sweden with 3%.

In Italy most taxes are being misrepresented by industrialists (32%), bank and insurance agents (28%), tradesmen (12%), craftsmen (11%), people with open professions (9%). The misrepresentation of taxes is most widespread in the South (34%), followed by Northeastern Italy (26%).

 

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