Italy's tax dodgers face Monti's supercomputer
Yesterday marked "D-Day" in the Italian premier Mario Monti's battle against tax-evaders with officials clicking the switch on a powerful new computer system that will rummage around people's bank accounts, in a major push to claw back the country's mission billions.
The trillion-byte-per-second machine, called Serpico – an acronym for "services for contribuenti" (or taxpayers) – will certainly have its work cut out.
Italy loses at least €120bn a year in unpaid taxes. Last year, 15 million people claimed a net income of zero. It is this group that Serpico will target.
Bank of Italy figures last month showed that, in terms of personal wealth, Italians are possibly the richest people in the world. But Italy has one of the world's largest public debts, with arrears of €1.9trn.
Tackling tax evasion is the best way Mr Monti has of turning around Italy's finances – but as the lorry carrying 13 tonnes of gold caught heading for Switzerland in November showed, many people will do anything to avoid coughing up.
- 2 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Driving while dehydrated can be just as dangerous as drink driving, study suggests
- 5 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Professional big game hunter Ian Gibson crushed to death by elephant during hunt
Ben Affleck asked TV chiefs to hide slave-owning ancestry, new hacked Sony emails published by Wikileaks claim
Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
£18000 - £23000 per annum: Recruitment Genius: They work with major vehicle ma...
£16500 per annum: Recruitment Genius: A Chiropractic Assistant is needed in a ...
£18000 - £26000 per annum: Recruitment Genius: They work with major vehicle ma...
£28000 - £30000 per annum: Recruitment Genius: This company provides coaching ...