Italy Esterometro replacing the Spesometro Jan 2019

Mon 15th Oct 2018

On 1 January 2019, Italy will withdraw the requirement for resident and non-resident Italian tax payers to complete the Spesometro quarterly / bi-annual sales and purchase invoice listing. This is part of the extension of SdI live invoice reporting to all B2B and B2C transactions. The Spesometro will be replaced by a new monthly filing, the Esterometro, to report transactions outside the scope of the SdI live invoice submissions.

Key requirements of the Esterometro are:

  • Monthly filing by resident taxpayers only
  • Listing of sales and purchases to or from non-resident customers and suppliers, including:
    • Domestic supplies;
    • IC acquisitions;
    • Exports or imports without customs declarations; and
    • Purchases of services from non-residents.
  • Transactional data will include: VAT number of Italian supplier/customer; Date; Invoice number; Tax base; VAT due; exemptions
  • Due the last day of the month following the month the invoice was raised
  • The following invoices may be excluded:
    • Any sales invoices reported through SdI. The non-resident is still entitled to a paper/PDF invoice from the Italian supplier since SdI will not issue it.
    • Imports or exports where a customs document was raised since this will be automatically reported to the tax authorities
  • Non-residents are not required to complete the Esterometro, including for domestic supplies.

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