Italy Explains New Rules for the Determination and Payment of VAT in Cases Where a Taxpayer Omits the Annual VAT Return

The Italian Revenue Agency has announced the issuance of Provision No. 239129/2026 of 28 August 2026, implementing the procedures for determining and paying VAT when a taxpayer omits their annual VAT return or fails to fully complete their return (referred to as automated VAT liquidation). These rules operationalize Article 54-bis.1 of Presidential Decree 633/1972, introduced by Law 199/2025.

The Agency will initiate automated VAT liquidation if:

• The annual VAT return is not submitted.
• Th…