Italy’s Revenue Agency has introduced a new strategy to curb tax evasion, aiming to recover €41.5 billion over the next three years. The plan sets ambitious targets: €14.8 billion in 2026, €14.4 billion in 2027, and €12.3 billion in 2028.
The shift in approach is already producing results. In the first ten months of this year alone, authorities recovered nearly €13 billion. According to Revenue Agency director Vincenzo Carbone, two tools have proved decisive: Italy’s mandatory electronic invoicing system and split payment, a mechanism that requires the invoice recipient - rather than the supplier - to pay the VAT directly to the state.
These measures, Carbone noted, are tightening controls, reducing fraud opportunities and giving the government a clearer, real-time picture of economic transactions.