The first successful results in the launch and implementation of electronic-invoicing has occupied the central scene during the presentation of the goals achieved by the Tax Administration in 2018. Indeed, the results reached by the VAT electronic invoicing, or e-invoicing, which became broadly effective for transactions carried out by resident companies as from 1 January 2019, have gone beyond all expectations, so much so that this new fiscal tool has proved almost instantly extremely useful in tackling tax evasion and tax fraud. In details, to date, around 2.7 million operators have sent 350 million e-invoices, and only 3.85% have been rejected by the system.
This is demonstrated by the fact that, in just over two months, complex analysis carried out thanks to the e-invoices and their matching with data from the web portal managed by the tax authorities, have brought to light an intricate system of frauds put in practice through false and fictitious invoices between "bogus" companies. Finally, fraudulent VAT credits of EUR 688 million were discovered and denied.
The sums recovered through the fight against tax evasion - A greater tax compliance, direct payments and the collection of tax debts bring to the recovery of € 16.2 billion, in addition to € 3 billion in "extraordinary" extra-revenue from other tax forgiveness initiatives. In details, these sums were collected through direct payments (+ 10%), letters for the compliance (+ 38%) and tax debts collection (+ 4%).
When the tax authorities make the country more palatable even for investors - The Italian Revenue Agency also contribute to making the country more attractive for investors: last year, 27 responses were provided to new investments, which will lead to greater resources for around 15 billion euro and 13 thousand new jobs.
Taxes are ever more digital - While the digital Revenue strategy is advancing, 8.4 million citizens are registered for online tax services and, has said above, the e-invoicing continues its "break-in", many other online tools have been developing during last year. A real network of fiscal services all designed to improve the relations with taxpayers. Particularly, is also thanks to these new instruments that the Revenue Agency has been able to refund to households and businesses € 17.5 billion (+ 8% compared to the previous year).