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The Revenue Office provided clarifications on VAT deductions and recording of purchase invoices

Giuseppe Bernoni talks about the costs of digital revolution for accountants and consultants

The decree related to the 2018 Budget Law further extended the subjects concerned by the rules on split payment

Law Decree no. 148/2017 has extended the subjects towards which suppliers must apply the split payment mechanism

The main news concern guarantee on VAT refunds, repayment of VAT not due and exports for humanitarian purposes

In EU triangular transactions, only the last of the three transactions is taxed, in the MS of destination, and the final client is liable for VAT

Assonime (the association of Italian companies with liability limited by shares) has issued some clarification concerning fulfilments relevant to the electronic transmission of periodic VAT calculations

The contribution by Simonetta La Grutta concerns the regulations introduced in the Italian VAT system

Amendments introduced to VAT warehouses do not facilitate the fulfilment of relevant obligations

Postponement of the deadline for filing electronically the Communication of Invoices Data related to the first semester 2017 from 16 to 28 September.

New provisions concerning the reduction of the period of time within which their right for input VAT deduction can be exercised.

Mid-year Stability Law 2017 contains provisions affecting the accomplishment of VAT fulfillments from FY 2017

Law no. 96/2007 has introduced some important clarifications concerning the implementation of the split payment procedure.

The Revenue office clarifies the matter concerning the fines provided for operations subject to reverse charge.

Law Decree 50/2017 has extended the number of operations to which the split payment mechanism must be applied

Law Decree 50/2017 introduced amendments to VAT norms in force affecting in particular the terms for VAT deduction