- At year-end, VAT obligations must be assessed for periodic or continuous B2B services involving foreign parties.
- The timing of VAT for these services differs from one-off services and depends on the contract’s nature and duration.
- For periodic or continuous cross-border services, VAT is generally due when payment is due or made.
- If such services last over a year without any payments, VAT is due at the end of each calendar year.
- These rules apply to generic B2B services exchanged with non-Italian entities, as clarified by Italian tax authorities.
Source: eutekne.info
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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