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
IMPORTANT: Slovakia VAT increase from 20% to 23% from...
A reminder that from 1 January 2025, the standard Value Added Tax (VAT) rate in Slovakia will increase from 20% to 23%. In addition to the standard rate rise...
SEE MORE
LATEST NEWS
REMINDER: New EU rules for virtual events from January...
From 1 January 2025, the supply of a live virtual event is taxable in the EU country where the consumer purchasing the online attendance resides. This means...
SEE MORE
LATEST NEWS
Switzerland’s new rules for platforms from 1 January...
Switzerland’s Federal Tax Administration will impose “deemed supplier rules” from 1 January 2025 on digital platforms (such as Amazon) to charge, collect...
SEE MORE