The Italian authorities have officially increased the threshold that triggers the obligation to submit monthly Intrastat returns for intra-Community acquisitions of goods. According to the DETERMINAZIONE DIRETTORIALE published in early February 2026, this measure applies to transactions carried out from January 1, 2026, with the first impact on returns filed in February 2026. The threshold has been...
On 22 August 2025, the Italian Tax Authorities issued an important clarification of significant relevance to businesses engaged in cross-border transactions. In Ruling No. 213/2025, the Authorities confirmed that an importer may recover VAT paid at Customs even if the importer is not the owner of the goods, provided there is a direct and immediate...
The Italian Government, during the Council of Ministers meeting of 20th June 2025, decided to further postpone the entry into force of the Sugar Tax from 1st July 2025 to 1st January 2026.
Decree 180/2024, published on November 30, 2024, introduces new territoriality rules for events held virtually. These provisions align Italian law with Directive 2022/542/EU.
Decree 180/2024, published on November 30, 2024, introduces new territoriality rules for events held virtually. These provisions align Italian law with Directive 2022/542/EU.
Since January 1, 2023, the reduced VAT rate of 5% applies to the following products in Italy: Feminine hygiene products ; Baby products, including diapers, car seats and food products specially designed for infants and young children.
Article 17 of Presidential Decree n°633 of 26/10/1972 provides that the following goods and services are subject to the reverse charge mechanism when they meet certain criteria Sales of video game consoles, tablets, laptops, Integrated circuit devices (microprocessors and CPUs) Greenhouse gas emission allowance transfers Energy (gas and electricity) Certain subcontracting services in the construction...
On 28th October 2021, the Italian Council of Ministers met and approved the draft law containing the State budget for the 2022 fiscal year and the multi-year budget for the three-year period from 2022 – 2024 (see press release from 28th October 2021 n°44). From 2022, the VAT rate for “absorbent products for feminine hygiene”...
The Italian tax authorities have made a new tool available, allowing sellers to audit and control supplier/customer information provided they have an Italian VAT number. By entering the Italian VAT number of a supplier/customer into this tool, the operator obtains the following information: status – active, suspended (in case of a business lease), discontinued The...
The Italian government recently announced that if certain budgetary targets are not met by 2020, it will implement a number of VAT rate increases. This includes: an increase in the reduced rate from 10% to 12% from 1st January 2021 an increase in the standard rate from 22% to 25% from 1st January 2021 and...
