THIS
Superbowl Ads Already Aired Before Superbowl 46
Source: http://adage.com/article/special-report-super-bowl/super-bowl-commercials-released/232442/
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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.
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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)
Best Buy / Circuit City stores physically touching each other
this is on Fifth Avenue between 43rd and 44th streets in New York City.
In thinking about retail … this helps illustrate the tremendous challenges they face.
- online switching costs are pretty much zero — just type another URL; these two stores are physically touching — just walk next door
- they carry much of the same inventory from plasma TVs to computers to home stereo equipment to software, CDs, DVDs, etc.
- they both sell Apple iPods; consumers have already decided to buy an iPod for Christmas (for some reason), which store do they walk into? what differentiates the store with the blue awning from the one with silver letters? they both have “black friday” discounts but the price ended up to be about $1 from each other; both have geeks on staff, one called Geek Squad and the other Fire Dog
- and then there’s Amazon.com which is tax free and offers free 2nd day shipping.
THIS is a challenging marketing problem for retailers such as the ones pictured!
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