- Italy updated VAT rules effective April 2025 to combat fraud and improve transparency, targeting non-EU sellers.
- New fiscal representative obligations include submitting an honorability declaration and providing a financial guarantee.
- Non-EU sellers must provide a €50,000 guarantee to remain in the VIES database.
- Key compliance deadlines are set for June 2025.
- Non-compliance can lead to VAT number cancellation, removal from VIES, and fines.
- Online sellers should review fiscal representatives and prepare for the €50,000 guarantee.
Source: hellotax.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.
