The government is looking at the use of data scraping from social-media platforms in the battle against tax evasion, Deputy Economy Minister Maurizio Leo said on Wednesday.
“What needs to be done, and what we are working on with the Inland Revenue Agency (l’Agenzia delle Entrate), and (public IT agency) Sogei, is so-called ‘data scraping’, which means taking account of the standard-of-living data that professionals and entrepreneurs publish on social networks (and seeing if it is compatible with their tax declarations),” Leo said.
“We have already started discussing this the privacy authority, and they are willing to cooperate, as long as the protection of personal data is not prejudiced.
“Collaboration with the (privacy) authority is absolutely fundamental.
“Tax evasion is huge weight (on society), like terrorism, and we all must cooperate”.
The Maltese Official Gazette announced the publication of Act No. XXXVIII/2024, titled the VAT (Amendment) Act, 2024. The legislation introduces several changes to Malta’s value-added tax framework,
The U.S. Securities and Exchange Commission (SEC) has launched a ‘Crypto Task Force’ page on its website, outlining the agency’s crypto regulatory agenda under the agency’s new leadership. This
Joint statement signals the BRICS ministers’ intention to focus on collaborative solutions and best practices to address: plastic pollution and waste; desertification, land degradation, and drought;
President-elect Donald Trump’s embrace of cryptocurrency and blockchain is raising concerns that so-called “blockchain billionaires” could gain direct influence over the White House