1 PREMISE
Legislative Decree No. 87 of June 14, 2024, published in Official Gazette No. 150 of June 28, 2024, reformed the system of administrative tax penalties. A number of criminal penalties were also amended and forms of linking tax proceedings with criminal proceedings were introduced.
One of the salient features of the reform is the general downsizing of the penalties provided for the “basic” hypotheses of the most common violations, just think of omitted declaration, false declaration and invoicing of transactions.