The Italian E-Invoicing system debuted on July 1, 2018, when the private companies which are acting as suppliers to Italian public institutions have been obliged to issue structured e-invoices in the FatturaPA format. The implementation of the E-Invoicing project is almost done, due that just the last phase, which covers the mandatory obligations of small taxpayers to issue exclusively e-invoices in their B2B/B2C is still pending the deadline. At the present moment, the last group of taxpayers should be prepared to start with the electronic invoicing system from January 1, 2024.
Source: 1stopvat.com
Latest Posts in "Italy"
- CPB: Early Exemption from Compliance Visa for VAT Credit Offsetting up to 70,000 Euros
- 10% VAT Applies to Musical Entertainment Accessory to Restaurant Services, Rules Italian Supreme Court
- Deductibility of Non-Deductible Pro Rata VAT: Cash or Accrual Basis for Businesses?
- Expense Recharging Between Unassociated Professionals: VAT Rules and Invoicing Obligations Explained
- EU VAT Showdown: Is User Data a Taxable Payment for Free Digital Services?
