- The legislative decree on tax penalties introduces significant changes to the rules on VAT regularization obligations for the buyer/contractor in cases of missing or irregular invoicing by the seller/provider
- The changes include simplifications such as no longer having to pay any tax due and a reduction in penalties
- However, there is a risk of expanding the cases of liability for the buyer due to detailed exemptions from responsibility
- The devil is in the details, as they say
Source: ipsoa.it
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.
