The Court of Justice of the European Union (CJEU) recently issued its judgment concerning whether Italy may, after imposing administrative penalties for value added tax (VAT) non-compliance, also impose criminal penalties. The case involves an Italian resident individual who had failed, in his capacity as proprietor of a sole trading business, to pay annual VAT of approximately EUR 282,495 within the time limit under law. As a result, an administrative penalty equal to 30% of the VAT due was…