- Italian authorities seized assets worth millions in a VAT fraud investigation involving luxury vehicles. The fraud involved importing over 1,700 vehicles from Germany to Italy without paying VAT. Assets seized include luxury cars, bank accounts, real estate, and designer items. The investigation was initiated after a consumer reported issues with registering a German car. All suspects are presumed innocent until proven guilty.
Source: eppo.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Italy"
- Italy Uncovers €42.8 Million VAT Fraud in Luxury Car Trade Across Europe
- EPPO Uncovers EUR 42.8 Million VAT Fraud in Italy’s Luxury Car Market
- VAT Treatment of Photovoltaic Plant Sales: Mobile vs. Immobile Asset Classification
- Tax Office Denies VAT Refunds for Solar Installations on Agricultural Farms Due to Indeductibility Issues
- Italian Supreme Court Rules Non-Deductible VAT on Non-Existent Transactions Not a Business Expense
