Effective January 1, 2021, Italy introduced new mandatory e-invoicing requirements for retailers. Certain technical processes under the e-invoicing rules concern new technical specifications for e-invoicing via the Sistema di Interscambio (SdI) and amendments to the “document type” and “nature” codes for the XML file.
On May 26, 2021, the governments of Italy and San Marino agreed to introduce in two phases e-invoicing for transactions between the two countries. The first phase will be voluntarily effective October 1, 2021. The second phase will require the mandatory issuance of e-invoices effective July 1, 2022.
The Italian tax authority plans to provide complete annual returns starting in 2023 based on e-invoicing data gathered during 2022.
Source eBusiness eXpert
