Italy tax news
AskColm has 34 articles tagged Italy, drawn from over 130 tax sources. The most recent is dated 8 October 2026.
Showing the latest 34.
62 Detained In €410M Electronics VAT Fraud, EU Says
European authorities detained 62 people in Portugal, Spain, and Italy suspected of orchestrating a VAT fraud scheme involving electronics that caused at least €410 million in tax losses across the EU. The operation was coordinated across multiple jurisdictions and announced…
11 Arrested In €100M Plastics VAT Fraud, EU Says
Italian authorities arrested 11 people suspected of evading €100 million in VAT on plastic product trades. The European Public Prosecutor's Office announced the detentions as part of an investigation into the fraud scheme.
Brief Overview of Special Tax Regimes in Europe – UK, Ireland, Gilbraltar, Portugal, Spain, Italy, Switzerland, Greece, Cyprus, Malta
This presentation gives a high-level overview of special tax regimes in selected European and other jurisdictions, including the UK, Ireland, Gibraltar, Portugal, Spain, Italy, Switzerland, Greece, Cyprus and Malta. It is aimed at internationally mobile high-net-worth individuals.
Italian tax court refers post-Brexit fiscal rules on property to CJEU
An Italian tax court has referred post-Brexit fiscal rules on property to the Court of Justice of the European Union. The referral concerns whether effective tax cooperation can justify applying cadastral valuation rules to countries outside the EU and European…
Italy VAT on Data Center Colocation: Private Cage Ruling
Italy has clarified that data centre colocation services involving private cage arrangements are subject to standard VAT and do not qualify for a rental exemption.
Milan Court Seizes €300 Million in Massive VAT Fraud and Money Laundering Case
A Milan court has ordered the seizure of approximately €300 million in connection with a large-scale VAT fraud and money laundering scheme. The case highlights the Italian authorities' ongoing efforts to crack down on carousel fraud and associated financial crimes…
Italian Supreme Court Requires Evidence Supporting Material Amendments to VAT Returns
Italy's Supreme Court has issued a ruling clarifying the evidentiary requirements for making material amendments to previously filed VAT returns. The court held that taxpayers must provide substantive supporting evidence to justify such corrections, raising the bar for accepted VAT…
Italy – Automated VAT assessments in case of omitted Annual VAT Return
Italy has introduced a system of automated VAT assessments targeting taxpayers who fail to file their annual VAT return. Under this mechanism, the Italian tax authority can issue automated notices based on data already held within its systems, such as…
Italy VAT Return Failure and Input Tax Credit Rights
This article examines Italian VAT rules concerning a taxpayer's right to claim input tax credits when VAT return filings have failed or been omitted. Italian VAT law conditions the exercise of input tax deduction rights on proper return submission, creating…
Italy: Automated VAT liquidation for omitted returns
Italy has introduced an automated VAT liquidation process targeting taxpayers who fail to submit VAT returns. The Italian tax authority will now automatically calculate and assess VAT liabilities for omitted returns, streamlining enforcement and reducing the need for manual audits.…
Italy Missed VAT Returns Face 120% Penalty
Italy imposes a substantial 120% penalty on taxpayers who fail to file VAT returns, one of the steepest sanctions in the EU. This penalty applies where no VAT return is submitted, distinguishing it from lesser penalties for late or incorrect…
Italy EUR 2 Low Value Import Fee Delayed to October 2026
Italy has delayed the introduction of its EUR 2 handling fee on low-value imports until October 2026. Originally intended to address the influx of low-value e-commerce parcels entering the EU without VAT obligations under the EUR 150 customs threshold, the…
Italy Extends Reduced Diesel Excise Duty
Italy has extended its reduced excise duty rate on diesel fuel, continuing a relief measure that lowers the tax burden on diesel consumers and businesses. This extension maintains the preferential excise treatment for diesel beyond its previous expiry date, providing…
Italy Confirms 1 October 2026 Start Date for EUR 2 Low-Value Import Handling Fee
Italy has confirmed that a EUR 2 handling fee on low-value imports will take effect from 1 October 2026. The fee targets goods below the VAT de minimis threshold imported into Italy, addressing revenue concerns around low-value e-commerce shipments. This…
IOSS Incompatible with Italy’s Flat-Rate Tax Regime
Italian tax authorities have determined that the Import One-Stop Shop (IOSS) scheme is incompatible with Italy's flat-rate tax regime (regime forfettario). Taxpayers operating under the flat-rate scheme, which simplifies income tax and VAT obligations for small businesses, cannot simultaneously register…
Italy VAT changes to deductions and penalties
Italy is implementing changes to its VAT framework affecting both input tax deductions and penalty structures. These updates modify the rules governing when and how businesses can claim VAT deductions, potentially tightening eligibility criteria or adjusting timing requirements. The penalty…
2 Suspects In €33M VAT Fraud Put Under House Arrest In Italy
Italian authorities have placed two suspects under house arrest in connection with an alleged €33 million VAT fraud scheme. The case highlights ongoing enforcement efforts by Italian tax authorities targeting VAT evasion, which remains a significant source of revenue loss…
Italian Supreme Court: A Genuine Portuguese Establishment Puts B2B Services Outside Italian VAT
Italy's Supreme Court ruled that where a foreign taxpayer maintains a genuine fixed establishment in Portugal, B2B services supplied to that entity fall outside Italian VAT jurisdiction. The court applied EU place-of-supply rules, confirming that the existence of a real…
Italian Supreme Court: Loss-Compensating Transport Subsidies Fall Outside the VAT Base
Italy's Supreme Court determined that government subsidies paid to transport operators to compensate for operating losses do not form part of the VAT taxable base. The court distinguished these loss-compensating payments from direct consideration for services rendered, finding no sufficient…
Wealth Taxes in Europe, 2026
A Tax Foundation analysis examines the state of wealth taxes across European nations heading into 2026, surveying which countries levy net wealth taxes, inheritance and estate taxes, or property-based wealth levies. The report highlights the limited adoption of traditional net…
Car Dealer Bonuses — VAT Exempt or Taxable? (Cassazione)
Italy's Supreme Court (Cassazione) has ruled on whether bonuses paid by manufacturers to car dealers fall within the scope of VAT or qualify for exemption. The case examines the VAT treatment of these payments, specifically whether they constitute consideration for…
Italy Finalises New VAT Taxable‑Base Rules for Barter Transactions
Italy has finalised new rules governing how the VAT taxable base is determined for barter transactions, where goods or services are exchanged without monetary consideration. The updated regulations provide clarity on the valuation methodology applicable when parties exchange supplies, ensuring…
Split Payment Regime to Continue Without Interruption After 1 July 2026
Italy's split payment VAT regime, which requires public administrations and certain large companies to pay VAT directly to the tax authorities rather than to suppliers, will continue without interruption beyond 1 July 2026. The extension ensures no compliance gap for…
Italian VAT Court Clarifies Reverse Charge Rules for EU Goods Resale reinforcing VAT Principles for Cross-Border goods transactions
An Italian VAT court has issued a ruling clarifying the application of reverse charge mechanisms for EU cross-border goods resale transactions. The decision reinforces established VAT principles regarding when and how reverse charge applies when goods are resold across EU…
Introducing the 2026 Italy VAT Guide
A 2026 Italy VAT Guide has been introduced by Global VAT Compliance, providing comprehensive coverage of Italy's VAT framework. The guide covers key aspects of Italy's VAT system including registration requirements, rates, compliance obligations, and reporting procedures relevant for businesses…
UNIRE Prizes Not Always VAT-Taxable: Registration Is the Decisive Factor
An Italian tax ruling or court decision has clarified that prizes awarded by UNIRE (Italy's horse racing regulatory body) are not automatically subject to VAT. The decisive factor is whether the prize recipient is registered as a VAT taxable person…
Italy E-Invoicing Rules and EU ViDA Reform Explained
This article explains Italy's existing e-invoicing rules alongside the upcoming EU VAT in the Digital Age (ViDA) reform, providing a comparative overview for businesses operating in or trading with Italy. Italy's FatturaPA system has been mandatory for domestic B2B and…
EV Charging Stations: New Online Service for Operators to Transmit “Corrispettivi” to the Italian Tax Authority
Italy's tax authority has launched a new online service enabling EV charging station operators to electronically transmit 'corrispettivi' (retail transaction data) directly to the Agenzia delle Entrate. This requirement extends Italy's existing digital fiscal reporting obligations to the growing EV…
Italy Digital Services Tax Ruling: Milan Tax Court Clarifies DST Scope for Direct Sales
A Milan Tax Court ruling has clarified the scope of Italy's Digital Services Tax (DST) as it applies to direct sales, providing important guidance ahead of 2026 compliance obligations. The decision addresses how DST applies to businesses selling directly to…
Italy Tax Court Clarifies VAT Deductions in Fraudulent Transactions
Italy's Tax Court has issued a clarification regarding VAT deduction rights in cases involving fraudulent transactions. The ruling addresses the circumstances under which taxpayers may or may not claim VAT deductions when transactions are tainted by fraud, providing important guidance…
Case Study: OSS Exclusion VAT Across 10 EU Countries
This case study examines the VAT One Stop Shop (OSS) exclusion mechanism across 10 EU member states, relevant for e-commerce businesses selling cross-border within the EU. The OSS scheme allows sellers to report VAT in a single member state, but…
Italy: Advocate general says VAT amnesty breached EU law
An Advocate General of the Court of Justice of the European Union has issued an opinion finding that Italy's VAT amnesty scheme breached EU law. The amnesty, which allowed Italian taxpayers to settle outstanding VAT liabilities at reduced amounts, is…
Italy: Court rules DST not applicable to direct online sales
An Italian court has ruled that Italy's Digital Services Tax (DST) does not apply to direct online sales transactions. The decision clarifies the scope of Italy's DST, which targets revenues from digital intermediation services and advertising rather than straightforward e-commerce…
Financial Transaction Taxes in Europe, 2026
This Tax Foundation analysis examines financial transaction taxes (FTTs) across European countries as of 2026. FTTs are levies applied to the buying and selling of financial instruments such as stocks, bonds, and derivatives. The article maps which European nations currently…