- New Document Type and Tax Regime Code: The updated version 1.9 of the Italian mandatory e-invoicing specifications introduces Document Type “TD29” for reporting omitted or irregular invoices and a new Tax Regime Code “RF20” for taxpayers under the cross-border VAT exemption established by EU Directive 2020/285.
- Revised Document Types: The description of Document Type “TD20” has been updated to eliminate scenarios now addressed by TD29, ensuring clearer categorization for invoicing purposes.
- Changes to Value and Error Codes: The update includes new value codes for fuel sales, replacing the previous code “27101943” with “27101942” and “27101944,” as well as revisions to several error codes to incorporate the new Document Type “TD29” and accommodate the cross-border VAT exemption regime.
Source: sovos.com
Click on the logo to visit the website
Other sources
Latest Posts in "Italy"
- Italy Issues Clarification on VAT Treatment of Transfer Pricing Adjustments
- Companies Must Opt for VAT Group by September 30 for 2026 Implementation
- Italian Tax Authorities Clarify VAT Deduction on Imports by Non-Owners for Cross-Border Businesses
- Italian Tax Agency Clarifies VAT Adjustment Notes During Preventive Agreement Proceedings
- Italian Tax Agency Confirms Exclusion of Asset Sales from VAT Deduction Pro Rata Calculation
