Italian tax authorities issued new rules for electronic invoicing. First is Provision No. 293384, which explains the transactions carried out with foreign counterparts. Second is Provision no. 293390 which is related to the transactions carried out upon reception of the declarations of intent. Both Provisions will be applicable starting 1 January 2022.
Source: globalvatcompliance.com
Latest Posts in "Italy"
- 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
- Italy’s e-Invoicing System Offers Key Lessons