Economy Minister Pier Carlo
Padoan on Monday signed a tax treaty on behalf of Italy with
Switzerland.
The deal, concluded one month ago, comes after three years
of talks and aims to improve information exchanges that
authorities have said will help the Italian authorities combat
rampant tax evasion.
Sources have said the treaty should help Italy to learn
more about citizens who have hidden assets in Switzerland to
avoid paying taxes here that would be worth billions of euros.
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