A 55 million euro tax evasion, five suspects. This is the result of an investigation conducted by the Financial Police of Cagliari which discovered, by examining cards, current accounts and over 4 thousand emails, how the revenues from rents relating to luxurious villas in Sardinia were hidden. The properties entrusted to foreign tourists produced profits that only ended up in Switzerland on paper, in reality they flowed into Italian society.
Involved are a Swiss real estate company, a travel agency in Germany and a service company in Italy.
The investigations concerned the tax years from 2013 to 2019: the Swiss company, explained the Fiamme Gialle, was an "empty box", without an organizational structure, and acted "in the triple role of manager and conductor in relations with the Italian owners. of the properties, of the proponent of tourist services through the German travel agent and, finally, of the client of a series of additional services performed by the employees of the company resident in Italy ".
In practice, a "hidden permanent establishment": the Swiss company operated in Sardinia through the Italian one, so much so that it had its employees in our country who took care of the stipulation of contracts, while the Italians collected the payment of rents in cash.
Apparently the operations took place outside the national territory but everything was perfected in Italy.
The Italian company, according to the verifications, would have hidden from 2013 to 2019 revenues to be taxed for over 34 million euros and over 17 million for the purposes of IRAP.
Furthermore, the legislation on value added tax has been circumvented with an evasion of 4 million euros.
(Unioneonline / ss)
