2 November 2016
As of 1 January 2017 the Italian tax authorities are proposing to introduce extensive changes to the VAT filings requirements. These changes will include:
- A new requirement for quarterly VAT filings instead of the current requirement for VAT registered businesses to make periodic VAT payments.
- The Annual Spesometro filing (client listing) will be replaced by a new quarterly listing of sales and purchase invoices.
- The requirement to submit monthly acquisition intrastats will be abolished and this data will instead be reported via the quarterly invoice listing.
The annual Blacklist filing, which details Italian VAT registered companies transactions with countries on a black list, will be removed.
LATEST NEWS
Norway extends reduced VAT rate to September 2021
Norway has confirmed that the temporary reduced VAT rate reduction, from 12% to 6%, will be extended from 30 June 2021 to 30 September 2021. The reduced VAT...
SEE MORE
LATEST NEWS
Canada: GST to be charged on digital goods and...
From 1 July 2021, the Canadian Revenue Agency (CRA) will introduce Goods and Sales Tax (GST)/Harmonised Sales Tax (HST) on sales of e-commerce goods and...
SEE MORE
LATEST NEWS
France to introduce e-filing for 13th Directive VAT...
From 1 July 2021, non-EU businesses must request 13th Directive VAT refund claims electronically through a fiscal representative established in France. These...
SEE MORE