According to the recently published simplifying Law Decree no. 73/2022 certain changes have been made in terms of how accounting books and similar documents must be preserved. Concerning that, it is sufficient to keep accounting books and ledgers up to date in the taxpayer’s computer systems and to print them, upon request by the authorities.  In other words, the Italian government has elimin... Read more

In an effort to suppress tax fraud in online sales the EU adopted EU Directive 2011/16/EU to improve administrative cooperation in the field of taxation between EU countries (So called DAC7). The directive directs platform operators to collect information about the sellers on the platform and the sales generated from it and to report it to the responsible authority. At the same time, the individ... Read more

The purpose of this document is to provide the most important information about fiscalization in Poland Italy and Bulgaria, with an accent on the comparison between these countries. We can say that these countries belong to a hardware-based type of fiscalization. That means that there is mandatory to use hardware devices for fiscalization. In other words, there is an obligation to use predefined and homologated or certified fiscal devices in a hardware solution. That is, let’s say, the main similarity but of course, rules are very different in other terms. Meaning: every county established its rules and specifications, but we can group Poland, Italy and Bulgaria in one group-hardware-based fiscalization system. Read more

Besides the Plastic Tax, Italy will introduce one more new tax, the sugar tax. It will enter into force on January 1st, 2023, and is predefined in Italian Budget law. The Sugar tax applies to "sweetened drinks" intended as finished products or products to be diluted (non-finished products). Sweetener means any substance, whether of natural or synthetic origin, capable of giving a sweet taste to be... Read more

One of the novelties in the field of taxes is the introduction of a Plastic tax in Italy. More precisely, from January 1st, 2023, impacted taxpayers will have compliance obligations, among others, registration, quarterly tax returns and payment. The goal is to reduce the production and consumption of single-use plastic products. We unveil in the following to whom does it apply, how frequently does it have to be reported, etc. Read more

More precisely, how it is managed when we have more articles, which are the same, and how does quantity need to be managed? The right procedure is: If the down payment has 7 same articles, the quantity is correctly reported avoid using description as a workaround. Also, there are no limits in correctly reporting details in the terms if the down payment has 7 same articles, and the same line &lsquo... Read more