Bad debts
Customs
Deduction
- Accounting for non-deductible VAT
- Allocation and use of points in the context of a loyalty program through an App
- Non-deductible VAT and superbonus: news from the Sostegni decree
- Ruling #392: Allocation and redeeming of points in the context of an App-based loyalty programme
- Ruling #424: Recovery of VAT in the context of a transaction governed by the split payment mechanism
- Tax Authorities Clarify VAT Treatment of Supplies of Loyalty Programmes Points
- Usual exporter and deduction
E-Commerce
- E-commerce package and customs
- Implementation of EU E-Commerce Directives published in national gazette
- Link to the registration for the (Import-) One Stop Shop
- VAT e-commerce Package
E-Invoicing
- Agenzia Entrate’s guide on electronic invoices and the esterometer
- Deadline for adhering to online service for electronic invoices postponed till September 30, 2021
- e-invoices 2019: how to proceed with the replacement storage
- Italy will request the EU to extend application of Electronic invoice till 2024
- New document was uploaded: Real-time invoice reporting obligation for retailers – e-invoice in Italy
- San Marino is joining the Italian e-invoicing model
- San Marino: E-invoice Requirement for Companies Selling Goods in Italy
- Storage of e-invoices: an extension is needed
Exemption
- Extensive VAT exemption for bitcoin related transactions
- Ruling #421: Replacement of a fund management company and VAT credit
- Shared Payment Services To Be VAT Exempt Without Credit
- Substitution of SGR fund management – Use of VAT credit
Fraud
- Booking.com suspected of VAT fraud in Italy
- Eurojust assists Italy in blocking VAT fraud scheme with car imports from Germany
Liability to pay VAT
- Misapplication of reverse charge – tax amnesty. Recovery by non-resident
- Ruling #424: Split payment and VAT refund
Payment of VAT
Rate
Refund of VAT
- “Direct” VAT refund also applicable to EU taxable persons registered for VAT purposes in Italy
- Direct VAT refund available to nonresident EU taxpayers VAT-registered in Italy
- Offsetting of VAT credits with other taxes – Increase of the limit up to 2 million euros
Reporting
- Italy Changes Foreign Invoice Declaration System
- Real estate foreclosure – fulfillment of VAT obligations
Chargeable event
Taxable transaction
- Contract under which commission is payable on fuel sale
- No GST on Supply by Govt/Govt Entity to Govt/Govt Entity against consideration in the form of Grant
- Transfer of air rights
- Vouchers and COVID-19 pandemic
Other
- Declaration of use yacht
- Infographic: A guide to VAT in Italy
- Italy Publishes Ministerial Decree for Implementation of Tax on Sweetened Beverages
- New VAT rules for ocean-going vessels, pleasure boats
- Services provided in ports, trucking terminals, airports and border railway stations
- Tax-related measures providing relief for businesses and employment (COVID-19)
- USTR announces 25% punitive tariffs on six specific countries in response to their Digital Services Taxes; Suspends tariffs for 180…
- Whose VAT is it anyway? An existential question for the gig economy
