raid
A Raid On A Luxury Ski Resort Has Uncovered The True Scale Of Tax Evasion In Italy
Source: http://www.businessinsider.com/italy-tax-ski-resort-2012-1

A raid by Italian tax officials on a luxury ski resort revealed dire rates of tax evasion, reports the Telegraph.
Officials traced the license plates of several of the Lamborginis, Ferraris and other high-end vehicles that lined the streets of Cortina d’Ampezzo, a popular ski resort among wealthy Italians. In all, 133 vehicles were investigated; the owners of 42 of these were found to have reported annual salaries of less than $28,000 a year.
The investigators also reportedly found that hotels, restaurants and boutiques in the resort were wildly under-declaring how much income they were generating.
For example, Reuters reports that restaurants being studied by authorities were issuing sales receipts amounting to 300 percent more sales than the previous year. This demonstrated the fact that such establishments had not previously issued sales receipts in order to cut down their tax bills.
The news wire also added that tax evasion is becoming such a severe problem in Italy that the government is installing special dogs at borders, designed to sniff out bank notes with the aim of stopping people smuggling their savings abroad.
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See Also:
- A Japanese Tycoon Is About To Fund The Restoration Of This Incredible Ancient Roman Pyramid
- Italy’s State Run Rail Company Is Under Fire For This ‘Racist’ Advertisement
- Mario Monti Had A Very Austere New Years Eve, Thanks For Asking
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A Raid On A Luxury Ski Resort Has Uncovered The True Scale Of Tax Evasion In Italy
Source: http://www.businessinsider.com/italy-tax-ski-resort-2012-1

A raid by Italian tax officials on a luxury ski resort revealed dire rates of tax evasion, reports the Telegraph.
Officials traced the license plates of several of the Lamborginis, Ferraris and other high-end vehicles that lined the streets of Cortina d’Ampezzo, a popular ski resort among wealthy Italians. In all, 133 vehicles were investigated; the owners of 42 of these were found to have reported annual salaries of less than $28,000 a year.
The investigators also reportedly found that hotels, restaurants and boutiques in the resort were wildly under-declaring how much income they were generating.
For example, Reuters reports that restaurants being studied by authorities were issuing sales receipts amounting to 300 percent more sales than the previous year. This demonstrated the fact that such establishments had not previously issued sales receipts in order to cut down their tax bills.
The news wire also added that tax evasion is becoming such a severe problem in Italy that the government is installing special dogs at borders, designed to sniff out bank notes with the aim of stopping people smuggling their savings abroad.
Please follow Europe on Twitter and Facebook.
Join the conversation about this story »
See Also:
- A Japanese Tycoon Is About To Fund The Restoration Of This Incredible Ancient Roman Pyramid
- Italy’s State Run Rail Company Is Under Fire For This ‘Racist’ Advertisement
- Mario Monti Had A Very Austere New Years Eve, Thanks For Asking
—
drag2share – drag and drop RSS news items on your email contacts to share (click SEE DEMO)
Homemade 16TB NAS dwarfs the competition with insane build quality (video)
Source: http://www.engadget.com/2010/05/07/homemade-16tb-nas-dwarfs-the-competition-with-insane-build-quali/
From the man that brought you the OS Xbox Pro and the Cinematograph HD comes… a cockpit canopy filled with hard drives? Not quite. Meet the Black Dwarf, a custom network-attached-storage device from the mind of video editor Will Urbina, packing 16TB of RAID 5 magnetic media and a 1.66GHz Atom N270 CPU into a completely hand-built Lexan, aluminum and steel enclosure. Urbina says the Dwarf writes at 88MB per second and reads at a fantastic 266MB per second, making the shuttlecraft-shaped 12.7TB array nearly as speedy as an SSD but with massive capacity and some redundancy to boot. As usual, the DIY guru shot a professional time-lapse video of his entire build process, and this one’s not to be missed — it showcases some pretty spiffy camerawork as well as the man’s welding skills. See sparks fly after the break.
Continue reading Homemade 16TB NAS dwarfs the competition with insane build quality (video)
Homemade 16TB NAS dwarfs the competition with insane build quality (video) originally appeared on Engadget on Fri, 07 May 2010 04:59:00 EST. Please see our terms for use of feeds.
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If you’re in the military, here’s a tip: don’t put upcoming missions in your Facebook status. You wouldn’t think someone would need to tell you that, but here we are.
A raid on suspected militants in the West Bank was cancelled yesterday after an Israeli soldier updated his Facebook status to read “On Wednesday we clean up Qatanah, and on Thursday, god willing, we come home.” The solider has since, unsurprisingly, been relieved of combat duty for being a moron. He’ll also spend 10 days in prison for his update.
Trying to educate soldiers on the importance of not leaking classified info to Facebook, the Israel Defense Forces have started putting up new posters in bases:
In posters placed on military bases, a mock Facebook page shows the images of Iranian President Mahmoud Ahmadinejad, Syrian President Bashar Assad and Hezbollah leader Sheik Hassan Nasrallah. Below their pictures – and Facebook “friend requests” – reads the slogan: “You think that everyone is your friend?”
I really want to see one of those posters. Anyone in the IDF want to send us a picture? My email address is below. I won’t post it on Facebook, promise. [NY Times]
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