The decree on the reform of tax sanctions (Legislative Decree No. 87/2024) implementing the provisions of delegation Law No. 111/2023 on tax reform regarding the revision of the administrative and criminal tax sanctions system has been published in the Official Journal. It introduces a wide range of measures.
Tax penalty updates in Italy
Public
Italy
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
839
Content accuracy validation date:
08.07.2024
Content accuracy validation time:
08:05h
Sanctions will now be applied in a predetermined amount, aligning, in most instances, with the minimum penalties stipulated by the existing laws. This move is expected to foster a sense of fairness and predictability within the legal process. Additionally, the reforms introduce amendments to the offenses related to the non-payment of withholdings and value-added tax (VAT). The legislation also outlines new grounds for non-punishability, providing clearer guidelines on what constitutes a non-punishable act.
In an effort to encourage transparency and compliance, the voluntary disclosure procedure has been reinforced. This enhancement is anticipated to incentivize individuals and businesses to proactively disclose financial information, thereby promoting a culture of integrity. These legislative changes mark a progressive step towards a more equitable legal system where the severity of sanctions is carefully measured against the gravity of the offense.
From the VAT perspective, in the case of excess VAT charged, the penalty is fixed from 250 to 10 thousand euros for the undue deduction, also in relation to exempt, excluded, and non-taxable transactions:
- In case of failure to declare VAT, a penalty of 120% will be applied after 90 days; however, before any checks, a further penalty of 75% will be applied to the taxes due.
- For failure to register the documents, the penalty will range from 45% to 120% of the amount due, while for documents not presented during the inspections, it will range from 250 to 2,000 euros.
- For deviations in inheritance taxes, a penalty of between 250 and 1,000 euros will be applied, while for tax omissions, it will be between 150 and 500 euros.
The decree provides that, in cases of failure to pay withholdings due and certified for an amount exceeding 150 thousand euros for each tax period (Article 10-bis of Legislative Decree No. 74/2000) and of value-added tax for an amount exceeding 250 thousand euros (Article 10-ter), the penalty of imprisonment from six months to two years applies if the debt is not being paid off through installment payments or if the benefit of installment payments lapses and the residual debt exceeds 50 thousand or 75 thousand euros, respectively.
Other news from Italy
Revolution for e-receipts in Italy – when will they become mandatory?
Public
Italy
Author: Nikolina Basić
Italy
Author: Nikolina Basić
Italy has approved Resolution No. 7-00286, requiring businesses to issue digital receipts for all electronic payments starting in 2027, with phased implementation through 2029. Receipts will be sent via SMS, email, or mobile apps, while paper copies will only be provided upon customer request. Italy is taking a decisive step toward digital modernization with the approval of Resolution No. 7-00286,... Read more
New document was uploaded: S4F backoffice patch
Author: Dejan Šijačić
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New regulation requires justification for Tax Inspections in Italy
Public
Italy
Author: Nikolina Basić
Italy
Author: Nikolina Basić
Italy is set to require written justification for tax inspections, following a proposed amendment responding to an ECHR ruling that criticized past practices for lacking privacy safeguards. The Italian Revenue Agency and the Guardia di Finanza will no longer be allowed to inspect businesses or professional offices without a clear written justification. This major change comes from a propos... Read more
New document was uploaded: S4F backoffice patch
Author: Dejan Šijačić
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Software Fiscalization in Italy: Revenue Agency Extends Technical Specifications
Italy
Author: Maiia Radchenko
Italy is advancing its Software Solution Fiscalization under Article 24 of Legislative Decree No. 1/2024, with the Revenue Agency publishing extended technical specifications on June 17, 2025. The updated pack includes detailed API specifications for transaction transmission, PEM management, and data retrieval. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Data transmission with software solutions for fiscalization in Italy and POS requirements
Italy
Author: Nikolina Basić
Italy’s fiscalisation system requires businesses to use certified POS software that records each sale and transmits transaction data in real time to the Revenue Agency. Sales are processed through a Point of Issuance (PEM), verified by a Processing Point (PEL), and then securely sent to the tax authorities for audit and compliance purposes. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Italy uses AI-Powered chatbot to detect VAT Fraud in real time.
Public
Italy
Author: Nikolina Basić
Italy
Author: Nikolina Basić
Italy has introduced an AI-powered chatbot that works alongside the VeRa system to detect VAT fraud in real time by scanning transactions and flagging irregularities for tax authorities. This forms part of Italy's broader digital tax enforcement strategy, with a focus on data accuracy and real-time compliance. Italy is taking a bold step in tax enforcement with the introduction of AI-drive... Read more