- Italy’s new e-invoicing technical specifications (Version 1.9) will take effect on April 1, 2025, introducing significant updates, including a new document type TD29 for reporting omitted or irregular invoices.
- The specifications also incorporate a new cross-border VAT exemption scheme (RF20) in line with EU Directive 2020/285 and update value codes for diesel or fuel sales invoices as per new ADM coding.
- Additionally, the €400 limit on the total amount of simplified invoices has been removed for transfers or services under the flat-rate scheme and the cross-border VAT exemption scheme.
Source Seeburger
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Italy"
- Italy’s Supreme Court Redefines Territoriality Through Substance
- Upcoming Consolidated VAT Code to streamline regulations
- Italian Tax Agency Communication on VAT Declaration Discrepancies for 2023 Tax Period
- Local Entity Reimbursements for Employee Electoral Leave Not Subject to VAT
- Italian Tax Agency to Share VAT Anomaly Data with Taxpayers and Finance Police