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:
- Extension to the grace period for delays in the issuance of e-invoices
- New exemption from the obligation to issue e-invoices
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.
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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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.
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