Small changes lead to big impact for Italian e-invoicing grace period

Lara Nogueira
December 19, 2018

The Decree 119/2018, first published in draft in late October of this year in Italy, has now been converted into law, but with a number of changes to its content.

The main changes to the previously published version of the e-invoicing rules of this decree are:

  1. Extension to the grace period for delays in the issuance of e-invoices
  2. The rolling grace period will be extended until September 2019 for taxpayers who are required to submit their VAT returns and VAT ledgers on a monthly basis. For taxpayers who submit on a quarterly basis, the rolling grace period is extended until June 2019. The grace period also applies to the buyers of the transactions.

  3. New exemption from the obligation to issue e-invoices
  4. For healthcare providers who were already exempt from the e-invoicing obligation in the draft decree, the exemption has now been extended. Healthcare professionals who send data to the national health system for the purpose of pre-filling tax returns are now exempt from issuing e-invoices regarding operations. The exemption is, however, temporarily limited to calendar year 2019.

Take Action

Navigate your way through this Italy e-invoicing mandate interactive guide to find out if this mandate applies to you, how to ensure you are compliant, and more.

Learn how Sovos is helping companies in Italy and across the globe stay ahead of disruptive changes in tax.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Lara Nogueira

Lara Nogueira is a Regulatory Counsel at Sovos TrustWeaver. Based in Stockholm and originally from Brazil, Lara’s background is in law and accounting with a professional focus on international tax law, tax planning, and tax compliance. Lara earned her degree in Law and specialisation degree in Tax Law in Brazil and her masters in European and Internal Tax law from Lund University in Sweden.
Share This Post

LATAM VAT & Fiscal Reporting
May 20, 2020
Sovos Acquires Taxweb, Extends Tax Determination Capabilities in World’s Most Challenging Compliance Landscape

Earlier this month Sovos announced its second acquisition of 2020, completing our solution for Brazil with an unparalleled offering that solves tax compliance in the place where it is most challenging to do so.  Too many companies doing business in Brazil have been burdened by managing multiple point solutions for continuous transaction controls (CTCs), tax […]

ShipCompliant United States
May 28, 2020
Ask Alex: Your Bev Alc Compliance Questions Answered (May 2020)

  Do you have questions about the rules, regulations, and compliance requirements of the beverage alcohol industry? This series, Ask Alex, is a perfect opportunity to get those pressing questions answered straight from one of the industry’s regulation and market experts, Alex Koral, Senior Regulation Counsel, Sovos ShipCompliant.  To take advantage of this opportunity and […]

E-Invoicing Compliance EMEA
May 28, 2020
Turkey’s Transition Conditions for E-ledger

On October 19, 2019, the Turkish Revenue Administration (TRA) published a communique making the e-ledger application mandatory for e-invoice users, companies subject to an independent audit, and companies identified by the Presidency to have poor tax compliance.  The e-ledger application enables businesses to create the legally mandated general journals and ledgers and submit e-ledger summary […]

ShipCompliant United States
May 27, 2020
How Technology Partnerships Improve DtC Compliance

To be an expert, one has a specialty. Ours is beverage alcohol compliance. Since compliance sits at the heart of operations, being connected at every step helps our customers focus on their business instead spending countless hours on manual processes. Compliance is challenging, but we make it easier with a large and robust network of […]

EMEA IPT Tax Compliance
May 26, 2020
Why IPT Reporting is so Complex for Insurers

Accurately calculating insurance premium tax (IPT) for reporting can be complex.  And the ramifications of getting it wrong can be far reaching from impacting profit margins to unwelcome audits, fines and damage to your company’s reputation in the market and with customers. Calculation methods When I speak to customers about how they calculate insurance premium […]

EMEA Tax Compliance VAT & Fiscal Reporting
May 26, 2020
The Future of VAT in Northern Ireland

As negotiations to determine the future relationship between the EU and UK beyond the end of the transition period resume, after a COVID-19 initiated pause, it’s worth taking a moment to review some of the anticipated VAT implications of Brexit, and in particular the impact on Northern Ireland. Prior to the UK leaving the EU, […]