IPT
Italian Parafiscal Complexities
Premium tax and parafiscal compliance for insurers authorised to operate under the Italian regime can be challenging. For the experienced, it may seem that each
Region: Italy
E-archiving
Beyond Tax Reliefs: The Impact of Covid-19 on E-Archiving
The economic impact and consequences of coronavirus are unprecedented as it spreads across different countries. To protect their markets, many countries have reacted by loosening
Electronic Invoicing
B2B Transaction Automation Platforms: Quantifying the VAT Compliance Advantage
In the past five years, transaction automation platform vendors who embraced e-invoicing and e-archiving compliance as integral to their services grew on average approximately 2.5
News
EU VAT Measures in Response to Coronavirus
Countries worldwide are introducing indirect tax measures intended to mitigate the economic consequences of the coronavirus pandemic. Prospective measures by EU Member States include:
Electronic Invoicing
Italy Publishes New Specifications for the FatturaPA
Anyone predicting clearance model e-invoicing system, Italy’s FatturaPA, would undergo further reform would be right. Agenzia delle Entrate – AdE, the Italian tax authority, has
Electronic Invoicing
Italy’s E-Invoicing Reform: Italian SDI – A New FatturaPA
Italy has been a pioneer when it comes to automating e-invoicing processes. It first introduced a B2G e-invoicing system in 2014 which has since evolved
1099
Prepare to Pay Taxes on Crypto Held in Foreign Accounts
The Government Accountability Office (GAO), a U.S. Congress watchdog, published a report evaluating the IRS’s approach to regulating virtual currency (crypto) and the guidance it
Economic Nexus
From Alignment to Action: Transforming Tax Compliance on Your Terms
What’s your digital transformation strategy? Whether you’re in IT, finance, tax or the executive suite, if that strategy doesn’t include tax, you may
Economic Nexus
Aligning ERP and Tax: What’s the Enterprise Upside of Tax Compliance Modernization?
What’s your digital transformation strategy? Whether you’re in IT, finance, tax or the executive suite, if that strategy doesn’t include tax, you may
Economic Nexus
Tax & IT: How a Unified Compliance Vision Streamlines Digital Transformation
What’s your digital transformation strategy? Whether you’re in IT, finance, tax or the executive suite, if that strategy doesn’t include tax, you may
Electronic Invoicing
A New Countdown to NSO – Italy’s Electronic Purchase Orders Platform
On 27 December 2019, the Italian government issued a decree delaying and establishing new dates for when the NSO platform would go live. The Electronic
E-archiving
“Trends” Report Excerpt: The Consequences of VAT Non-Compliance
The following is an excerpt from “Trends in Continuous Global VAT Compliance,” the 11th edition of the industry’s most comprehensive guide to e-invoicing, e-archiving and
E-archiving
Sovos Releases “Trends in Continuous Global VAT Compliance” Report, As Governments Accelerate Adoption of Real-Time Tax Mandates
11th Edition of annual report offers guidance for multinational companies scrambling to adapt to government-sparked digital transformation BOSTON, Dec. 10, 2019 — Global tax software
E-archiving
New Global VAT Compliance Report Provides Guidance for Multinationals
Companies are dealing with a fundamental shift in the way they do business with trading partners. In a rapidly increasing number of countries, there’s a
Tax Compliance
Italy to Introduce Pre-Completed VAT Returns by July 2020
The Italian government has introduced an ambitious new program for collecting VAT, under which the tax authorities will pre-populate VAT returns on behalf of taxpayers.
E-archiving
Understanding Data Storage Requirements for E-Receipts in Italy
Introduced on 1 January this year, the Italian e-invoicing mandate and the strict archiving requirements for fiscal documents are well known by companies with business
Electronic Invoicing
Italy Clarifies E-Invoicing Rules on the Transaction Date
From 1 July 2019, companies will benefit from an extension in the time frame from when an invoice must be issued. Businesses can now wait
Electronic Invoicing
From E-invoicing to E-ordering: New Mandate Coming to Italy in October
Italy has been at the forefront of B2G e-invoicing in Europe ever since the central e-invoicing platform SDI (Sistema di Interscambio) was rolled out and