Squinzi says worst competitor is tax evader

Confindustria says tax evasion blocks country's development

(ANSA) - Rome, December 16 - Giorgio Squinzi, president of industrial employers group Confindustria, on Wednesday said the worst business competitor is one who doesn't pay taxes or tries to avoid paying taxes. "Confindustria and its associates are always ready to pay taxes, to contribute to the economic, civil and social growth of the country," Squinzi said at the closure of the conference of the group's research centre, which said tax evasion holds back the country's economic development. It said evasion in Italy amounted to 122.2 billion euros in 2015, 7.5% of the country's GDP.


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