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Electronic invoicing via SDI becomes mandatory from July 1, 2022 for transactions between Italy and San Marino, only for the supply of goods

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.

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