Italian tax authorities to offer e-invoice reporting scheme

30 September 2016

In an effort to reduce VAT fraud and also to simplify VAT reporting the Italian tax authorities will offer a voluntary e-invoice reporting regime from 1 January 2017.

By using this scheme businesses will be able to electronically submit their VAT purchase and sales invoice details directly to the tax authorities, who will then use this to calculate the businesses monthly VAT liabilities.

By using this service the registered businesses reporting obligations will be reduced in the country and it will also accelerate VAT credit refund repayments too.

LATEST NEWS

Indonesia confirms VAT on foreign e-commerce from 1...

From 1 September 2020, the Indonesian tax authorities will introduce VAT at 10% on all e-services transactions made by non-resident companies. Currently...

SEE MORE
LATEST NEWS

Costa Rica to introduce VAT on electronic services...

From 1 October 2020, Costa Rica will introduce VAT at 13% on the provision of electronic services by non-resident companies. At present, foreign businesses...

SEE MORE
LATEST NEWS

Portugal to introduce e-invoice serial numbers from...

From January 2021, the Portuguese tax office has confirmed that specific serial numbers issued by them will need to be shown on all taxpayers’ sales...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.