Fiscal subject related
In a significant move towards simplifying tax compliance in Italy, Legislative Decree 1/2024 introduces a new method for sending transactions electronically by the fiscal rules in Italy. This decree allows receipts to be transmitted via software, eliminating the need for electronic recorders and RT devices.
Article 24 of Legislative Decree 1/2024 aims to rationalize and simplify tax compliance rules. It liberalizes the electronic storage and telematic transmission of receipts, allowing merchants to use specific software procedures that ensure data security and integrity. This change eliminates the need for current hardware tools like telematic recorders and introduces the possibility of using cloud-based solutions, reducing the need to print telematic receipts.
However, merchants must wait for the Revenue Agency to officially define the technical specifications of the software and more rules, details, and deadlines. More precisely, merchants are burdened with various tools to record transactions, manage electronic payments, and process sales and purchase data via RT devices, printers, and servers. This obligation is still mandatory and must be respected. But in 2025 and later, specialized software will be possible instead of RT devices.
What is currently known is that for transactions regulated by electronic payment methods, the software must integrate payment processes with corresponding operations. This integration unifies the tools used for commercial, administrative, fiscal, and payment operations, simplifying administrative management and reducing the burden on merchants while ensuring data security and integrity. These new solutions are expected to reduce costs by eliminating the need for mandatory periodic maintenance of specific hardware devices.
In technical terms, a draft resolution that introduces technical details is currently in the process in front of the EU Commission, and it is expected to be accepted and published by the end of 2024 and at the beginning of 2025.
Merchants can adopt these solutions once the Director of the Revenue Agency issues the necessary provisions defining the methods and technical specifications for the software's creation, approval, and release; therefore, more regulations still need to be published.
This legislative change marks a significant step towards modernizing and simplifying the administrative processes for merchants, promising a more efficient and cost-effective approach to managing electronic receipts and payments.
Draft version of the technical specification is to be found here.
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