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.

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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.
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