San Marino. According to
COUNTRYAAH, nearly 59,000 people, both San Marines and
others, were investigated by Italian police for possible tax
evasion, involving a total of € 33 billion that was moved
between Italy and San Marino. The investigation concerned
five years until 2014, when San Marino agreed to an
agreement on automatic exchange of financial information.
According to preliminary results, slightly more than EUR
850 million was hidden from tax authorities during the
period, while VAT cheats totaled more than EUR 153 million.