More than 73,000 Italian citizens were found to be residing in tax haven countries in the period 2013-2023, with income produced in Italy but taxed abroad totaling more than €5.1 billion. This is revealed in an analysis by the Unimpresa Study Center, which portrays the size of the phenomenon of tax expatriation in so-called tax havens. It is Switzerland that leads the ranking, with 51,696 taxpayers and a total of €3.34 billion of income generated in Italy and taxed across the border. It is followed by Monaco, with 2,980 Italians and €716 million, and Singapore, with 1,649 residents and €126 million. Other popular destinations include Portugal (4,182 taxpayers, €185 million), the United Arab Emirates (€5,505, 340 million), Panama (€735, 40 million) and Tunisia (€2,105, 111 million).
|