Italian police uncover billion-euro tax credit scam - SABC News - Breaking news, special reports, world,

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Italian police uncover billion-euro tax credit scam - SABC News - Breaking news, special reports, world,
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Italian police uncovers a billion-euro scam to obtain illegal tax credits from government incentives

Italian police car Reuters Italian police said on Thursday they had uncovered a billion-euro scam to obtain illegal tax credits from government incentives that were meant to encourage home renovations.

“This is the largest operation of its kind in Italy to date,” a local GdF provincial command officer told Reuters by phone, declining to give his name. Investigators say the initiatives are easily abused and Prime Minister Giorgia Meloni’s government revealed last month that it had uncovered 16 billion euros of fraud tied to the various bonus schemes.

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