Italy VAT compliance changes

Sat 25th Oct 2014

A range of minor changes to the Italian VAT regime have been introduced in recent months. These changes include:

  • The annual reporting threshold for the Italian Black List Communication, covering countries where the tax office requires additional information, has been raised to Euro 10,000
  • A simplification of the Intrastat filing details
  • Removal of the requirement for a bank guarantee for the payment of certain VAT credits
  • The ability to request a speeded-up addition to the VAT Information Exchange System (VIES) report
  • Opportunity to issue VAT credit notes where taxable sales invoices have remained unpaid.



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