As a reminder, the Italian budget law (No. 178/2020) dated 30 December 2020 provides for certain changes to the mandatory business-to-business (B2B) electronic invoicing (“e-invoicing”) rules for transactions carried out with foreign business partners (i.e., taxpayers that are not resident or established in Italy and that do not have an Italian VAT number), effective as from 1 January 2022: ..
Source: Deloitte
Latest Posts in "Italy"
- Impact of Invoicing Without Payment: Understanding the Principle of VAT Formality
- Deadline Extended for Issuing Credit Notes in Insolvency Proceedings, Clarifies Italian Tax Agency
- Cultural Services Exempt from Taxation: Guided Tours Qualify, Bridge Crossing Does Not
- Delays in Contracts: Payments to Contractors Subject to VAT, Not Compensation
- Italian Tax Agency Confirms Exclusion of Asset Sales from VAT Deduction Pro Rata Calculation