The sting on the ATM is truly terrible and consumer groups are not happy with what’s going on.
Let’s see what changes on the ATM and what are the things to do now but also the things to do later.
The problem is that the ATM it is in the sights of both the taxman and the banks and for users this is a real terrible sting.
Tax and ATM
In fact the taxman wants to reduce the amount of ATM present precisely to reduce the amount of cash.
In fact, the taxman knows very well that tax evasion is only possible thanks to cash. Precisely for this reason every time you withdraw money at the ATM the taxman closely monitors what you do. But terrible stings are coming soon and even later. Whenever you make a withdrawal or an ATM deposit, the taxman carefully monitor what you do thanks to the super registry of current accounts and artificial intelligence Vera. These are two very sophisticated technologies.
The various stings, checks and more
The supervisory authority for the privacy has legally authorized the taxman to use these two technologies so penetrating and invasive. Precisely for this reason the taxman can monitor everything that Italians do at the ATM and on the current account. But if any operation judged anomalous of the physicist can be attentive and can also become the subject of a fine the real sting for the Italians is also that of new commissions on withdrawal. In fact, in a few months, a commission could be triggered for the withdrawal of € 1.50 every time you go to withdraw from a bank other than your own. But be careful to understand the new stings. Every time you make a withdrawal from your bank, the taxman is now absolutely informed. In fact, the taxman through his own algorithms continuously monitors what Italians do on their checking account. If a single operation or even a series of operations are judged as anomalous by the taxman, this will initiate investigations.
What is evaluated
Although simply these operations seem strange compared to the standard of living of the subject, also in this case the investigations will start. It is a real sting for the Italians but the fact is that only 203 billion euros were evaded in Italy in 2019 alone. Precisely for this reason the ATM ends up in the crosshairs because it can be an opportunity for the Revenue Agency to eradicate tax evaders. But especially with the new € 1.50 commissions, every time you go to make a withdrawal from an ATM that is not of your bank, there will be this commission. With the fact that there are fewer and fewer ATMs this clearly becomes more and more probable.
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