- Italy’s Department of Finance released updated 2026 lists of companies required to use the VAT split-payment system.
- The split-payment system means buyers pay suppliers only the taxable amount, with VAT sent directly to a designated account.
- The lists cover entities controlled by government ministries, public administrations, social security institutions, and companies with at least 70% public ownership.
- The requirement for FTSE MIB-listed companies was abolished effective 1 July 2025.
- The lists may be updated throughout the year and include records back to 2018.
Source: regfollower.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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