- Italy has extended the reverse charge and split payment mechanisms
- EU Member States are concerned about VAT fraud
- Reverse charge shifts VAT payment responsibility to the buyer
- Split payment requires customers to pay VAT directly to tax authorities
- Italy has approved both mechanisms until 2026
Source: tungstenautomation.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Italy"
- Naples Public Officials Convicted in Major Cross-Border VAT Fraud Case
- Italy: Officials, Tax Officer, and Accountant Convicted for Major VAT Fraud Scheme
- Italy: Four Convicted, Seven Plead Guilty in Major VAT Fraud Involving Public Officials
- Italy introduces automated VAT assessment for omitted annual returns
- €3.6 Million VAT Evasion: Major Textile Smuggling Operation Busted in Prato, Italy
