10 January 2017

Italy enacts new law on VAT reporting obligations

The Italian Parliament enacted Law no. 255, (the Fiscal Law) on December 1, 2016, which provides for new measures to tackle tax evasion. The new law is mainly aimed at encouraging electronic invoicing and the recovery of unpaid value added tax (VAT) through the introduction of new reports.

A Tax Alert prepared by Ernst & Young Italy, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2017-0042

Document ID: 2017-0042