Italy has been leading digital transformation in tax compliance with mandatory e-Invoicing for VAT-registered businesses. Starting in 2024, these regulations will apply to all businesses, including micro businesses. The FatturaPA format is required for e-Invoices, and compliance involves using the SdI system and ensuring data integrity. Invoices can be sent through the FatturaPA web interface or accredited service providers. Businesses must ensure their systems can generate compliant invoices and monitor invoice status. The inclusion of micro businesses in the e-Invoicing system reflects Italy’s commitment to a fully digital tax system. Compliance with e-Invoicing regulations goes beyond format adherence, involving digital signature protocols and specific archiving regulations. Embracing this digital shift and ensuring compliance can contribute to a more transparent and efficient tax system.
Source RTCsuite
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