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12 December 2017

Italy amends VAT Law on communications regarding invoices and split payment mechanism

Changes to the Italian Value Added Tax (VAT) Law, introduced by Law Decree no. 148/2017 (Law no. 172/2017, published in the Official Gazette no. 284 of December 5) entered into force on December 6. Specifically, the Law provides for: (i) Changes regarding the Communication of issued and received invoices (so called Spesometro); and (ii) Application of the split payment mechanism to all companies controlled by the Public Administration (PA).

An Indirect Tax Services group Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2017-2095

Document ID: 2017-2095

 

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