Author: Patchanok Kluabkaew, SAP Finance Lead.
The main changes introduced are as follows:
- New coding introduced for the ”AltriDatiGestionali” block for agricultural producers under special regime
- Control introduced for rejecting invoices with invalidated declaration of intent 00477
- The indications for the use of the TD28 for operations to and from subjects not established in Italy have been updated
- The description of the Country Id has been integrated into the Personal Data of the CedentePrestatore (AssignorLender)
As a reminder, the mandatory electronic invoicing requirement will be activated for all taxpayers, starting from January 1, 2024. All remaining businesses with a turnover not exceeding €25,000 per annum are included within the SdI e-invoicing obligations from 1 January 2024.
Italy was the first country in the Union to implement e-invoicing use for B2B and B2G transactions, even before the implementation of the European Directive 2014/55/EU which established mandatory e-invoice reception for public administrations.
- B2G e-invoicing is mandatory since 2014 (2015 for sub-central administrations).
- B2B and B2C e-invoicing is mandatory since January 2019.
The electronic invoice is mandatory for public administrations and private companies administrations under the Fattura PA model (XML).
Read more about e-invoicing and e-reporting or subscribe to our latest Tax Compliance updates to stay up-to-date: https://info.tjc-group.com/tjc_newsletter-tax-compliance