Campione d’Italia: Local Consumption Tax (ILCCI) Rate Increase
Pursuant to the Ministerial Decree published in Official Gazette No. 30 on February 6, 2024, the local consumption tax rates for Campione d’Italia (imposta locale
Region: Italy
Italy: Reduced VAT Rates on Feminine Hygiene Products and Childcare Products from January 1, 2024
Italy officially published the Budget Law for 2024 in the Official Gazette No. 303 of December 30, 2023. The VAT rates applied to supplies of
Italy: New API Management Platform
The Italian Tax Authority (Agenzia delle Entrate) will make available on the 15th May of 2023, a new platform for the provision of free services,
Tax Compliance
Pre-filled Italian Annual VAT return – an innovative change
On 10 February 2023, the Italian Tax Authority introduced the possibility for 2.4 million professionals and companies to view and download the pre-filled Annual VAT
Italy: Pre-Filled VAT Returns for Certain Taxpayers
From the 10th of February 2023, the Italian Revenue Agency will make available a pre-filled annual VAT return concerning the tax year of 2022. The
Italy: Reduced VAT Rates on Feminine Hygiene Products, Baby Products, and Face Masks from 1 January 2023
Pursuant to the 2023 Italian Budget through Senate Bill n. 442, effective 1 January 2023 the 5% reduced VAT applies to feminine hygiene and baby
IVASS Management Fee
The Institute for Insurance Supervision (IVASS) in Italy has published the management charge rate for the year 2023. It set the rate for 2023 at
Value Added Tax
Talking VAT Trends: A Panel Perspective
As governments continue to rework companies’ day to day financial operations through CTCs (continuous transaction controls) and other digital VAT programs, our world of ‘always-on
Italy: Compilation Guide for E-Invoicing has been Updated
The Italian Revenue Agency has now released version 1.8 of the Compilation Guide of the Electronic Invoice and Esterometer (Guida alla compilazione FE ed esterometro).
Italy: Obligation to Preserve Accounting Books has been Withdrawn
The Italian government has eliminated the obligation to electronically preserve accounting books and ledgers, providing a certain degree of simplification to its archiving requirements. Until
Tax Compliance
Italian Import Documents Become Electronic
The Italian Customs Authorities recently updated their national import system by applying the new European Union Customs Data Model (EUCDM). These new changes came into
Italy: New FatturaPA B2G Technical Specifications and Schemas Released for 1 October 2022
The Italian Tax Agency, Agenzia delle Entrate, has published updates to its documentation regarding B2G electronic invoicing, which will enter into force on 1 October
Italy: New FatturaPA B2B Technical Specifications and Schemas Released for 1 Oct 2022
The Italian Tax Agency, Agenzia delle Entrate, has published new technical documentation regarding B2B electronic invoices, which includes an updated version of Annex A –
Italy: Decree Introduces Threshold for Reporting of Cross-border Transactions
The Italian government recently published Law Decree n. 73, which introduces a threshold to the mandatory cross-border invoice reporting requirement that became effective on 1
IPT
Italy IPT: A quick guide
Insurance Premium Tax in Italy is complex. This blog helps insurers navigate challenges in Italy, from IPT rates to reporting requirements. You can find all
Italy: Electronic Invoicing Scope Officially Expanded
The Italian government has officially expanded its e-invoicing mandate, by means of the Law-Decree for the implementation of the National Recovery and Resilience Plan –
Italy Expands its E-invoicing Mandate
The Draft-law Decree PNRR 2, the National Recovery and Resilience Plan, approved by the Council of Ministers on 13 April 2022, is bringing a new
IPT
How Insurers Can Prepare for Annual Reporting Requirements in Italy
Annual reporting requirements vary from country to country, making it complex for cross-border insurers to collect the data required to ensure compliance. Italy has many