- The new Italian Unified VAT Code (Testo Unico IVA) takes effect on 1 January 2027, consolidating over 50 years of VAT legislation into a single framework aligned with EU standards.
- The reform unifies existing rules without major changes to tax rates or liability, merging laws into 171 articles organized in 18 titles to mirror EU Directive 2006/112/EC.
- Digital compliance tools, such as mandatory e-invoicing and pre-filled returns, are formally embedded in the new code.
- Key updates include mandatory digital customs evidence for exports and clarified VAT rules for digital services like streamed events.
- All previous VAT-specific decrees and conflicting amendments will be repealed as of 1 January 2027.
Source: meridianglobalservices.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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