Italian Ministry of Economy and Finance Provides Update on Split Payment System

On September 14, 2017 the Italian Ministry of Economy and Finance published the updated lists of companies that qualify for the revised split payment system. The updated lists cover changes to two categories of companies that are subject to the split payment system in Italy: 

  1. Companies lawfully controlled by the Presidency of the Council of Ministers and the Ministries and Subsidiaries of the latter
  2. Regulated companies lawfully governed by the regions, provinces, metropolitan cities, municipalities, joint ventures and subsidiaries
Author

Brendan Magauran

Brendan Magauran is a Junior Regulatory Counsel at Sovos Compliance specializing in international taxation, with a focus on Value Added Tax Systems in the European Union. Brendan received his B.A. and J.D. from Washington University in St. Louis and is licensed to practice in New Hampshire and Massachusetts.
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