Category: Ferrari

Bank secrecy rules face ‘lethal blow’ in Uruguay

Gov’t sends bill to Congress to force banks to share account data automatically Described by government officials as a “lethal blow” to bank secrecy, Uruguay has sent a bill to Congress that will force banks to automatically provide the DGI tax bureau information on the accounts held by individuals and… – Continue reading

11 arrested in major tax evasion probe involving foreign bank cards

A major investigation based on the use of foreign bank cards in the Netherlands has led to the arrest of 11 people on tax evasion charges. The seven men and four women were identified after officials carried out a major data mining project involving cards attached to foreign bank accounts…. – Continue reading

Ferrari Said to Weigh Moving Fiscal Base Outside Italy

Ferrari SpA is considering moving its fiscal residence outside Italy to save on corporate taxes as the supercar maker prepares for its spinoff from Fiat Chrysler Automobiles NV (FCAU), people familiar with the matter said. The manufacturer, which uses the colors of the Italian flag in its logo, may follow… – Continue reading