From 2019 to 2024, a couple residing in Olbia allegedly failed to declare over 30 million euros in income to the tax authorities. This was revealed by the Guardia di Finanza of Sassari. The spouses allegedly bought and resold tens of thousands of tickets for matches, concerts, and shows online, but omitted to report the proceeds derived from the digital scalping activity. The two allegedly leveraged their dual Italian and Swiss residency to circumvent Italian tax laws.
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Secondary ticketing
The investigation began following a report from the Special Assets and Services Unit which – as part of the “Follow the ticket” project – identified a subject suspected of being involved in illicit secondary ticketing. The attention of the Guardia di Finanza then also focused on the spouse, who was found to be equally involved in the business. The couple, according to the reconstruction by the Fiamme Gialle, allegedly bought large quantities of tickets for events held on national territory and then resold them without authorization.
Dual residency
The tickets purchased by the two from 2019 to 2024 would be tens of thousands, for a total value exceeding one million euros. And, despite the vital center of interest of the activity being located in Sardinia for tax purposes, the two allegedly leveraged their dual Italian and Swiss residency to avoid declaring the millions in income derived from ticket resales to the tax authorities.
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The Fiamme Gialle, in fact, ascertained the existence of a Swiss company of which one of the spouses was the administrator and sole shareholder. However, the activity was practically managed from the Gallura territory, while the Swiss headquarters would have been merely a contact address.
The revenues
Investigations revealed that the company, just like the couple, had advertised and resold tickets for Italian Serie A matches and for concerts organized in Italy by internationally renowned artists, which is why the company was classified in Italy as a “total tax evader”. The undeclared revenues are quantifiable at over 30 million euros. VAT evasion of approximately 6.5 million euros was also ascertained.
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