Regulatory Analysis

Posted February 10, 2023 by Inês Carvalho
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 Italian Revenue Agency will use the data of domestic electronic invoices and cross-border reports communicated to the SDI to prepare the draft VAT returns. The returns will be available on […]

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Posted January 6, 2023 by Robert Pelletier
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 products. Baby products that will apply the 5% rate consist of baby diapers, child seats to be installed in motor vehicles, as well as powdered milk and food products for […]

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Posted October 14, 2022 by Kelly Muniz
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). The updates reflect the latest changes in the FatturaPA technical documentation, valid from 1 October 2022, of which the main point is the inclusion of the new Type of Document […]

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Posted July 12, 2022 by Kelly Muniz
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 July 2022. According to article 12 of the Decree, taxpayers covered by the cross-border reporting mandate, who are obliged to transmit data relating to the sales of goods and provisions […]

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Posted May 11, 2022 by Kelly Muniz
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 – PNRR-2 (Decreto-Legge de 30 aprile 2022, n. 36), published in the Official Gazette (Gazzetta Ufficiale) on 30 April 2022. Among the many measures brought forth by the Decree, article 18 […]

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Posted April 26, 2022 by Kelly Muniz
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 group of taxpayers into the scope of the Italian e-invoicing obligation, starting 1 July 2022: ·       Taxpayers who adopt the flat-rate tax regime (regime forfettario) ·       Amateur sports associations and […]

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Posted December 17, 2021 by Gabriel Pezzato
Italy: FatturaPA for cross-border flows postponed

Previously due to replace the Esterometro in January 2022, the FatturaPA for cross-border flows has been postponed until July 2022. The Italian authorities have not published further details, therefore the status quo remains. In practice, this means that: – Esterometro must still be used for reporting outbound and inbound cross-border transactions until 30 June 2022; […]

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Posted December 3, 2021 by Gabriel Pezzato
Italy: FatturaPA for cross-border flows to be postponed

The FatturaPA was expected to replace the Esterometro in January 2022. However, a last-minute addition to the country’s 2022 budget law might postpone the requirement until July 2022. The legislative process is ongoing, which means that the postponement is possible, but not officially decided.

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Posted November 23, 2021 by Gabriel Pezzato
Italy: New technical specifications published

Italy has published a new Provvedimento containing updates in the technical specifications of the FatturaPA. The new technical specifications eliminate mentions to Esterometro, introduce new codes for the AltriDatiGestinali block, and include new validations. The Provvedimento also clarifies that reporting cross-border invoice data through a FatturaPA is optional if a bolletta doganale had been issued, […]

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Posted July 9, 2021 by Gabriel Pezzato
Italy and San Marino: Clearance and exchange of import and export invoices

Supplies between Italy and San Marino are accompanied by a set of customs obligations. After the introduction of the Italian e-invoicing mandate in 2019, Italy and San Marino started negotiations to expand the use of e-invoices in cross-border transactions between the two countries. Those negotiations are now complete and the details are available. More information […]

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Posted November 7, 2019 by Kelsey O'Gorman
Italy to Introduce Pre-Completed VAT Returns by July 2020

From July 1, 2020, on an experimental basis, Italian taxpayers (i.e. businesses resident and established in Italy) may submit pre-completed VAT returns. Specifically, Article 16 of recently enacted Decree n. 124/2019 provides that data gleaned from transactional information supplied from electronic invoices via SDI, cross-border transactions, as well as data collected on fees electronically will […]

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Posted September 4, 2018 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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