Italy to introduce B2B real-time invoice reporting from 1 January 2019

2 October 2018

The Italian tax authorities recently turned down a request by the Italian Association of Accountants to delay the introduction of the new mandatory real-time invoice reporting regime for resident businesses.

As per our previous articles, from 1 January 2019 Italy will introduce a new mandatory real-time invoice-reporting regime that will apply to all domestic business-to-business (B2B) transactions made by resident businesses in the country.

Please see our previous article here that will provide further information about how this new system will operate.

The EU member states which have already introduced this into their VAT legislation include Austria, Finland and Germany.


Find out more about VAT in Italy
LATEST NEWS

Emergency VAT measures to combat the financial impact...

Due to the negative financial impact that the Coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...

SEE MORE
LATEST NEWS

UK to cut e-book VAT rate from 1 December 2020

From 1 December 2020, the UK will cut the Value Added Tax (VAT) rate on digital publications (e-books) from 20% to 0%.  This follows the EU Council’s...

SEE MORE
LATEST NEWS

UK confirms postponed import VAT accounting from...

From 1 January 2021, the UK government has confirmed that it will introduce postponed import Value Added Tax (VAT) accounting to all imports of goods.  By...

SEE MORE

Gated Content

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