VATupdate
VAT

Share this post on

Italian Tax Controls: Five Key Facts to Know Before the New Year – Pre-filled VAT returns as of Jan 1, 2021 (?)

While Italy rolled out its continuous transaction controls (CTC) reform in 2019, 2020 has been a year of expansion. Italian authorities plan to leverage all potential benefits of the successful implementation of the country’s central e-invoicing platform. Many of the updates will either be launched or enforced in the upcoming year, or later in 2022.

The 5 key facts:

  • FatturaPA and SDI: New schema and validations
  • New rules for e-archiving
  • New rules for the conversion of paper invoices into electronic invoices
  • Pre-filled VAT returns
  • The sunset of the Esterometro

Source Sovos

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com