In this document, we briefly analyze the most significant new provisions introduced regarding VAT, customs, and excise duties.
Category: Newsalert
VAT and interest unduly paid through voluntary disclosure are refundable
Through its recent judgment no. 3346 of February 14, 2026, the Court of Cassation (“Corte di Cassazione”) addressed a matter of significant practical interest concerning the relationship between voluntary disclosure (so called “ravvedimento operoso”) and the right to a refund of amounts paid by the taxpayers.
EU case law clarifies the moment when the right to deduct VAT arises
With the judgement of 11 February in case T‑689/24, I.S.A., the General Court of the European Union again ruled on the determination of the “dies a quo” for exercising the right to deduct VAT.
Excise duty on natural gas – The implementing decree published in the Italian Official Gazette
On January 5, 2026, the Ministerial Decree dated December 29, 2025, was published in the Italian Official Gazette, setting out the "Procedures for the application of the excise duty on natural gas" .
Definitive CBAM phase: exemption from the obligation to hold the qualification of authorized CBAM declarant
The Circular Letter no. 36/2025 lists some cases exemption from the obligation to hold the qualification of authorized CBAM declarant.
2026 Budget Law – Key Payroll and Employment updates
2026 Budget Law: summary of the key employment and payroll-related changes.
The new handling fee on low-value consignments
The 2026 Italian Budget Law, article 1, paragraphs 126–128, introduced a contribution to cover administrative expenses related to customs formalities for low-value consignments from non-EU countries, set at 2 euros per consignment.
2026 Budget Law: main legislative updates relating to corporate taxation
The 2026 Budget Law (Law No. 199 of December 30, 2025) was published in the Official Journal on December 30, 2025, “State Budget Forecast for fiscal year 2026 and multi-year budget for 2026-2028” (Official Journal General Series No. 301 of 12/30/2025 - Ordinary Supplement No. 42/L), effective from January 1, 2026.
Main developments regarding tax incentives and grants introduced by the Budget Law 2026
Budget Law 2026: main developments regarding tax incentives and grants.
The new cross-border VAT exemption scheme
On December 10, 2025, the Italian tax authorities published the Act No. 560356/2025 related to the new provisions applicable to those who intend to adopt the new cross-border VAT exemption regime.