- Italy’s tax authorities approved a quarterly VAT form for small businesses in the EU.
- Guidelines were issued in Protocol No. 155649/2025 on March 28, 2025.
- Qualifying businesses must submit the form electronically by the end of the month after each quarter.
- The form reports the total value of goods and services supplied in Italy and other EU Member States.
- Submission is required even if annual turnover exceeds EUR 100,000 in other EU Member States.
- Communication must be submitted within 15 working days of exceeding the threshold.
- Errors can be corrected by resubmitting within 3 years of the original deadline.
- Legislative Decree No. 180/2024 was published on November 30, 2024.
- The decree incorporates provisions from the Amending Directives to the VAT Directive into national law.
- The 2020/285 Directive extends the special VAT scheme for small enterprises.
Source: regfollower.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.
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