Italy was the first country in the region to introduce a clearance e-invoicing model with the Sistema di Interscambio (SdI) platform. Seeking to close one of Europe’s most significant VAT gaps, the government has steadily improved its Continuous Transaction Controls (CTC) system.
Beginning with B2G e-invoicing in 2014 and extending to cover B2B e-invoices in 2019, Italy became the first EU country to make B2B e-invoicing mandatory through a clearance process.
Source Sovos
For all other newsitems on E-Invoicing/Real Time Reporting in Italy, click HERE
Latest Posts in "Italy"
- VAT Refund Requests for Italian Taxpayers in EU and Non-EU Countries by September 30
- Italian Court Rules IVA Deductible for Residential Buildings Used Professionally, Overturning Tax Practices
- EPPO Uncovers €17 Million VAT Fraud in Italy: House Arrests and Asset Seizures Executed
- EU’s One Stop Shop Regime Boosts E-commerce VAT Revenue, Simplifies Cross-border Transactions
- Italian Ministry Sets 6.4% VAT Compensation Rate for Agricultural Wood Sales in 2024-2025