VAT news tagged as "SdI"

Italy

Italy SdI live reporting delay refused

September 18th, 2018

The Italian authorities have this week turned down a request to delay the scheduled 1 January 2019 introduction of e-invoicing and live reporting, Sistema di Interscambio (SdI), for all resident businesses. The measure is being extended in 2019 to all resident tax payers for B2B and B2C domestic supplies. It has been required of B2G transactions since 2014. …


Italy

Italy limits SdI VAT reporting to resident businesses

July 6th, 2018

Italy has confirmed that only Italian resident tax payers will be required to submit real-time e-invoices to the Sistema di Interscambio (SdI) portal. Non-resident Italian registered businesses will continue to file the Spesometro filing. The clarification was issued this week as there was a conflict between the original Italian implementing legislation and the permission granted …


Italy

Italy SdI live VAT invoicing update

May 14th, 2018

The Italian tax authorities have issued further details on the 1 January 2019 real-time VAT invoicing regime in Italy, Sistema di Interscambio (SdI). This will require all resident and non-resident VAT payers to electronically submit sales invoice to the authorities before they are then sent to customers. The new technical requirements include: Invoices will be …


Italy

Italy Sistema di Interscambio (SdI) real-time e-invoices

February 20th, 2018

Italy has introduced mandatory real-time electronic sales invoice issuance and reporting from 1 January 2019. All relevant invoices have to be issued and submitted to the Italian Revenue Agency’s e-invoicing platform, Sistema di Interscambio (SdI). The measure has been required of sales to government bodies since June 2014. SdI effectively acts as an invoice approval portal, ensuring …