The Italian government has eliminated the obligation to electronically preserve accounting books and ledgers, providing a certain degree of simplification to its archiving requirements.
Until now, accounting books and ledgers must be preserved electronically, following the same preservation process as for e-invoices (conservazione sostitutiva), within three months following the deadline for submission of the relative annual VAT declaration.
Going forward, however, according to the recently published simplifying Law Decree no. 73/2022 converted into Law no. 122/2022, it becomes sufficient to keep accounting books and ledgers up to date in the taxpayer’s computer systems and to print them, upon request by the authorities.
