- New E-Invoicing Regulations: Starting January 1, 2026, Italy will require businesses to transmit electronic payment data alongside sales receipts to enhance tax compliance and reduce fraud, necessitating significant changes to retailers’ technical setups.
- Integration Architecture Options: Retailers must consider various integration methods for compliance, including full POS-EFT integration, fiscal middleware, and bank reporting. Each method presents unique challenges and benefits, emphasizing the need for strategic planning.
- EU Approves ViDA Initiative: The VAT in the Digital Age (ViDA) initiative aims to modernize VAT reporting across the EU, introducing real-time digital reporting and harmonized E-invoicing standards, which will require retailers to adapt their systems for compliance starting in 2025.
Source Darko Pavic
