While Italy rolled out its continuous transaction controls (CTC) reform in 2019, 2020 has been a year of expansion. Italian authorities plan to leverage all potential benefits of the successful implementation of the country’s central e-invoicing platform. Many of the updates will either be launched or enforced in the upcoming year, or later in 2022.
The 5 key facts:
- FatturaPA and SDI: New schema and validations
- New rules for e-archiving
- New rules for the conversion of paper invoices into electronic invoices
- Pre-filled VAT returns
- The sunset of the Esterometro
Source Sovos
Latest Posts in "Italy"
- VAT Deductibility of Transaction Costs in MLBO: Clarifications for Special Purpose Vehicles
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- Fourth Quarter VAT LIPE Can Be Filed with Annual VAT Return by March 2, 2026
