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
