The current account must be used correctly in order not to risk finding yourself with handcuffs on your wrists after the checks by the Guardia di Finanza.
It is rare to find a person who is not in possession of a current account. It is essential for crediting the salary or pension, to send and receive bank transfers, to have an ATM or credit card and make purchases. The ownership of a current account in a period in which cash is about to be banned in favor of traceable payments to combat money laundering and tax evasion. The use of the account, therefore, has become daily for many taxpayers but we must not underestimate the attention that must be paid when making particular movements.
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The checks of the Financial Police on the current account
Regardless of the good intentions of a current account holder and good faith in engaging in certain behaviors, it is possible run into mistakes that could annoy you Tax and Finance Police. The consequences of any mistakes could be costly especially if the movements are accused as illegal.
Controls mainly concern current accounts opened abroad. The Yellow Flames are dedicating all their attention to it in this month of July. General Arbore requested the names of the parties who have concluded transactions with foreign countries. As soon as the personal and tax data of the taxpayers in question arrive, the Guardia di Finanza will begin to check the legality of the operations.
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The purpose of checking accounts abroad
The primary goal is counteract the phenomena of illegal transfer and holding of financial and economic assets outside Italy. By obtaining information on cross-border transactions, the Fiamme Gialle will be able to identify tax evasion conducts and discover other related offenses.
For the moment, the Financial Guard will send gods questionnaires to taxpayers under control to collect financial information but not only. Banks, lawyers, notaries, cryptocurrency companies, financial intermediaries are some of the recipients of the questionnaires that will have to answer to avoid further checks.
Taxpayers in the sights and the Dubai list
The idea of the Yellow Flames is to subject the foreign current account of those who have registered to strict checks movements above 15 thousand euros both in a single operation and in multiple operations. A facilitation in achieving the goal can be obtained thanks to an operation that is underway in these days and that refers to the Lista Dubai. Let’s talk about a list of names of tax evaders not only Italians who mysteriously came into possession of Germany. Italy asked to be able to view this list and the response was positive. Consequently, the task of the Guardia di Finanza will be simplified at least in relation to the unclear investments made in the United Arab Emirates.
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