Regulatory Analysis

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Posted 7 months ago by Sovos
Tax Alert: Italy – New Changes to IPT Prepayment Approved by Italian Parliament

The 2019 Budget Act was approved by the Italian Parliament on 30 December 2018. As anticipated, the approved budget includes an increase in the IPT prepayment rates. The approved rates are as follows: 85% in November 2019 for tax year 2020 90% in November 2020 for tax year 2021 100% in November 2021 for tax […]

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Posted 11 months ago by Sovos
VAT & B2G Reporting Newsletter: August 2018

Country-by-Country News The Final Countdown to Mandatory eInvoicing in Italy September 1 marked the second milestone of the entry into force of the Italian eInvoicing mandate – this time targeting certain B2C goods purchased by non-EU citizens over a certain amount. But crucially, it also marked the three month, or 122 day, countdown to the […]

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