Standard VAT rate

22%

Country code

IT

Reduced VAT rates

4%, 5%, 10%

Super reduced rate

4%

VAT returns

Monthly or Quarterly payments plus Annual returns

VAT number format

IT 1234 5678 901

Latest news from Italy

Italy announces online marketplaces VAT fraud obligations

Italy has announced plans to make online marketplaces responsible for the VAT on sales of electronic goods under a value of €150, made by non-EU sellers.  If implemented this will apply to sales of mobile phones, video games, tablets and games consoles for example. Under these new rules, it will mean that the online marketplaces… Read More

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

The Italian tax authorities have announced an extension to the reporting deadline for the submission of electronic invoices, which will apply when they introduce the new real-time invoice-reporting requirement next year. This extension will last until July 2019 and will allow affected businesses to submit their invoices to the tax authorities by the 15th of… Read More

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

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… Read More