- In reverse charge, the recipient must account for VAT instead of the supplier by self-invoicing or electronically integrating the invoice.
- In Italy, internal reverse charge uses TD16 via SdI; cross-border cases use TD17, TD18, or TD19 depending on the transaction.
- Failure to integrate or register a reverse charge invoice can trigger a fixed penalty from €500 to €20,000 under updated rules.
- If the error affects VAT calculation or payment, the penalty becomes 70% of the tax due.
- For cross-border invoices, late/missing SdI transmission costs €2 per invoice (max €400 per month), and ravvedimento operoso can reduce penalties if corrected quickly.
Source: commercialistatelematico.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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