Law Decree n. 193/2016, art. 4, turned into Law n. 225/2016, provides for measures for tax recovery, which imply new obligations for taxpayers, particularly concerning VAT. The main changes occurred with the conversion of the Decree concern: those subjects being excluded from the submission of the invoices’ data; the application of the de minimis aids to the tax credit granted for technology upgrading; the amendments to the sanctions provided; the modification of the deadline for the submission of the data related to the sales and purchase invoices relevant to first semester 2017 and for the submission of data for following periods; the advanced abrogation at 2016 of the notification of those operations carried out with subjects established in black-listed countries. This implies the need for economic operators to pay particular attention to the compliance with the new requirements.
Please contact Mario Spera or Gianluca Lacidogna for further information.
