– Dona continues – The progress made against tax evasion is disappointing to say the least. Again, however,, it is «demoralizing data, not worthy of a civilized country. The weight of the underground economy in the economy – currently equal to 11.3% of GDP – has also suffered a decline of about 5 billion, remaining in line with the trend we have seen since 2014. See also The desire for Ipo is back: from Ariston to Zegna, the position of companies ready for listing The illegal activities included in the GDP of the countries of the European Union are the production and trade of drugs, prostitution services and cigarette smuggling.
Illegal economy includes both the production of goods and services whose sale, distribution or possession are prohibited by law, and those which, although legal, are carried out by unauthorized operators. The first includes the value of black profits, tips and a share that emerges from the reconciliation between the estimates of the supply and demand aggregates. The added value of the shadow economy includes deliberately misrepresentations of turnover and costs – hence under-declarations of added value – or the value generated through undeclared work.
“We fear that the thousand hires at the National Labor Inspectorate provided for in the Tax Decree are completely insufficient both to counteract accidents at work, a national shame, and the social scourge of undeclared work.” However, “This is a disheartening improvement” according to Massimiliano Dona, president of the National Consumers Union. ‘previous year, marking a downsizing of the figure for the second consecutive year. Full-time work units in non-regular conditions – carried out, therefore, without compliance with current tax and social security legislation – seem to be, at first glance, a decreasing component: 2019 sees 57 thousand fewer units compared to the previous year. With 3 million and 586 thousand illegal workers in 2019, the use of irregular work seems to be a structural feature of the Italian economy, which involves both businesses and families. This was revealed by an Istat study on the years 2016-2019, which shows how the rate of work irregularity has returned to the levels of 2013. The value of the unobserved economy in 2019, including the shadow economy and illegal activities, is 202.9 billion euros.
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