Italy raises simplified invoice threshold to €400 per transaction

Italy has increased the threshold for the issuance of simplified VAT invoices from €100 to €400 per transaction.  Simplified invoices may still only be used for domestic transactions.

Italian simplified invoices must include:

• Unique VAT number
• Date of the invoice
• Vendor’s VAT number
• Customer’s VAT number (B2B)
• Name and addresses of vendor and customer
• Description of goods / services
• Price, including sufficient information to verify the VAT calculation

Source: Avalara

---

---