VATupdate

Share this post on

Telematic registers to be updated by October 2nd for the new instant receipt lottery.

  • Telematic registers and RT servers must be updated by October 2nd for the implementation of the new instant receipt lottery.
  • The start date of the instant lottery has not yet been determined, but the deadline for updating the registers is October 2nd.
  • To participate in the lottery, buyers need to download the “Gioco legale” application and scan a QR code on their receipts.
  • If the buyer also wants to participate in the existing lottery, they must provide their lottery code at the time of purchase.
  • The updated registers will generate and print the QR code on all commercial documents over one euro paid electronically.
  • The app will associate the customer’s lottery code with their purchase, and if no code is provided, a new one will be created.
  • Customers can report any refusal to acquire a lottery code by the merchant on the lottery portal of the Customs Agency’s website.
  • Only adult individuals residing in Italy can participate in the lottery using approved electronic payment methods.
  • A specific tax credit is available for VAT taxpayers who update their instruments in 2023, with a maximum limit of 80 million euros.
  • The tax credit can be used for offsetting tax liabilities and is not subject to general limitations or horizontal compensation limits.

Source: eutekne.info

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com