Let us remind you: receipt lottery was introduced last year in Italy as an initiative of the Government to combat tax fraud. The receipt lottery has been less successful than expected, but the attempt now is to incentivize it and increase digital payments. The plan is to make this more convenient and in accordance with digital innovations. We need to wait for official clarification from Italian au... Read more

The purpose of this document is to explain the relation between fiscalization and some special devices used for selling such as self-checkouts, reverse vending machines, outdoor payment terminals, etc. Are they subjects of fiscalization or not, is there an obligation to issue a fiscal receipt, and is there some special rules that need to be met to be able to use these devices? Read more

Regarding e-invoices, some changes were made and they will start from 1 July 2022. Also, cross-border invoices are included and Esterometro is withdrawn. A range of changes to the Italian VAT e-invoicing regime, SDI (Sistema Di Interscambio), is being implemented on 1 July 2022 by Agenzia delle Entrate. But how does that impact the small taxpayers? - Small taxpayers: from 1 July 2022, all small... Read more

On April 6, 2022, the Council of the European Union amended the EU VAT Directive in relation to the place of supply for live virtual events. In accordance with the amendment, starting from January 1, 2025, 2025, the supply of a live virtual event is taxable in the country where the consumer purchasing the online attendance resides, which means that virtual event providers will need to charge VAT... Read more

The DL PNRR 2 regulation was recently approved by the Council of Ministers. It is confirmed that the advance of the double penalty on the POS will start on 30 June 2022. Previously, it was scheduled for 1 January 2023. Merchants, traders and professionals who will not accept payments with electronic money will risk a fixed penalty of 30 euros to which the variable one equal to 4% of the total valu... Read more

Public consultation regarding the proposals of the new amendments to the EU VAT Directive was held up to April 2022. After this consultation, the European Commission (EC) is set to publish a draft of the amendments to the EU VAT Directive this autumn. This will result in the extension of the current One Stop Shop (OSS) to all remaining cross-border B2C transactions and some B2B transactions. The a... Read more