Excise duty fraud: assets worth over one million euros seized from a Turin-based company
The company is alleged to have created a tax credit by making false declarations in order to evade paying excise duty on large quantities of fuel
The Guardia di Finanza has seized assets worth over one million euros from a Turin-based company, comprising cash in bank accounts and an extremely expensive Ferrari Purosangue valued at around 600,000 euros. According to the Guardia di Finanza, this is the amount of the profits the company is alleged to have obtained illegally by failing to pay excise duty on large quantities of commercial diesel.
The Italian Tax Police’s fight against fraud in the energy excise duties sector therefore continues. The aim remains to protect the state’s coffers, as well as to prevent distortions of competition that could harm honest business owners and disrupt the functioning of the free market.
The investigations
The preventive seizures targeting the company and its two directors – one ‘official’ and the other ‘de facto’ – were ordered at the culmination of a complex investigation, which succeeded in uncovering a sophisticated fraudulent scheme.
The company came under scrutiny by the Guardia di Finanza during a tax audit aimed at ascertaining whether the Turin-based business in question – a limited company operating in the road haulage sector – was paying excise duty on the fuel used by its vehicles as required.
The fraudulent scheme
However, an investigation into the company’s accounts revealed serious irregularities. The audits enabled the Italian Finance Police to establish that, between 2021 and 2025, the company had managed to evade excise duty payments amounting to over one million euros.
