The Tax Evasion Ticket Scandal: Italo-Swiss Couple's €30 Million Racket
An Italo-Swiss couple is accused of running an online ticket touting scheme, evading millions in taxes by reselling event tickets without declaring €30 million in revenue. Based in Sardinia, they used a Swiss-registered company to exploit loopholes, dodging €6.5 million in VAT. Authorities are pursuing legal action.
Italy's financial authorities revealed on Thursday the discovery of an online ticket touting scheme run by an Italo-Swiss couple. They allegedly evaded millions in taxes by reselling concert and soccer match tickets.
The couple, based in Sardinia, reportedly generated €30 million in undeclared revenue over five years using a Swiss-registered company. This allowed them to avoid €6.5 million in VAT, resulting in their report to prosecutors for tax offenses.
Due to the proliferation of online ticket touting and automated bots, enforcement has become challenging. The British government has responded by planning a ban on for-profit ticket resale starting in late 2025.
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