Italy is considering an amnesty for taxpayers with undeclared assets held abroad similar to a temporary measure introduced in 2014, the Corriere della Sera daily reported on Thursday, citing people involved in the matter.
According to the paper, tax dodgers who voluntarily declare funds kept abroad would be safe from criminal charges or fines but would have to pay any tax owed to the authorities from at least the last five years.
In response, the economy ministry said in a statement late on Thursday that there would be no room for any amnesty on "criminal" tax behaviour in the budget for next year, which is expected to be approved by the cabinet on Monday.
