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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