A Decree dated June 21st, 2021 provides updated VAT rules applicable to transactions between Italy and San Marino.
Electronic invoicing via SDI becomes mandatory as of July 1, 2022 but only for the supply of goods.
The Italian client who receives from a San Marino supplier, an electronic invoice via SDI with Italian VAT can deduct VAT only receiving by the Italian Tax Authorities, the notice confirming the correctness of the underlying VAT payment by the San Marino supplier.
Where paper invoices can persist, the embossed stamp is formality still required.
Source
Latest Posts in "Italy"
- Special VAT Regime for Agriculture: Rules, Eligibility, and Forfeited Deductions Explained
- Separation of Activities for VAT Refund Eligibility by Non-Resident Entities in Italy
- Italy Clarifies VAT Refunds for Spanish Companies Renting Industrial and Residential Properties
- Italy Introduces Mandatory Electronic Fiscalization for EV Charging from 2026
- VAT Deduction on Cars: Key FAQs and 2028 EU Rules Extension Explained
