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Italy Extends Reverse Charge and Split Payment Mechanisms to Combat VAT Fraud

  • Italy has extended the reverse charge and split payment mechanisms
  • EU Member States are concerned about VAT fraud
  • Reverse charge shifts VAT payment responsibility to the buyer
  • Split payment requires customers to pay VAT directly to tax authorities
  • Italy has approved both mechanisms until 2026

Source: tungstenautomation.com

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.

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