- Italy introduces new fiscal representative requirements from April 2025
- New VAT guarantee rules for non-EU businesses
- Italian Revenue Agency issues additional guidelines for fiscal representatives
- New procedural obligations effective from April 17, 2025
- Documentation and guarantee requirements for fiscal representatives
- Must provide a declaration of integrity and financial guarantee
- Guarantee ranges from 30,000 to 2,000,000 euros based on taxpayers represented
- Documents submitted with VAT declaration to the Italian Revenue Agency
- Legal representatives must submit individual integrity declarations
- Changes in representation require updated declarations
- Guarantees valid for at least 48 months
- Can be provided by state obligations or bank guarantees
- Italian tax agency evaluates and approves guarantees
- Fiscal representative status granted after verification
- Current representatives must comply by June 16, 2025
- Non-compliance may lead to revocation of VAT registration
- Non-compliance results in fines from 3,000 to 50,000 euros
- Affects non-resident taxpayers and foreign businesses outside the EU or EEA
- Financial guarantee required for transactions through a fiscal representative in Italy
Source: eurotax.fr
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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