Italy Takes Quirky Approach to Catching Tax Evaders

Italian authorities paid a not-so-friendly visit to a ritzy ski resort to try to put a dent in an entrenched culture of tax evasion: They traced all the Ferraris and other luxury cars parked there and found that 42 belonged to people who had declared incomes of $38,700 or less, reports Reuters. Those owners now have some serious explaining to do, as do local shops and restaurants accused of failing to issue receipts to skirt the tax man. New PM Mario Monti promises to clean house on tax cheats, and the new methods may be just the start. (More Italy stories.)