07.18.23
Authorization for split payment mechanism
Our recent post commented on Italy’s pursuit for the continuation of the split payment mechanism. The post explains why the split payment mechanism is regarded as an effective measure to counter VAT fraud.
The European Commission has now authorized Italy to continue with the use of the split payment mechanism until 30 June 2026. Notably, companies listed on the FTSE MIB Index will be excluded from the split payment mechanism from 1 July 2025.
The split payment mechanism is strongly associated with Poland, who similarly received authorization to continue with the feature in April 2022. Our e-invoicing solution in Poland today accommodates the split payment mechanism, if relevant to our customers.
Browse Italy updates
Authorization for split payment mechanism
- Country updates
Split payment renewal
- Country updates
Introduction of free services via new API Management platform
- Country updates
Public consultation on ViDA proposal
- Country updates
Circular clarifying delayed sending of e-invoicing
- Country updates
VAT registration threshold increase
- Country updates
Pre-filled VAT returns
- Country updates
VAT reduction extension for district heating service contracts
- VAT/G(S)ST rate information
Postponement of the Plastic Packaging Tax (PPT)
- Other applicable taxes
Update on storage of e-invoicing data
- Mandate information
Compilation Guide update
- Country updates
Natural gas and energy providers – VAT mitigation
- VAT/G(S)ST rate information
New technical specifications
- Country updates
Extension of reduced VAT rates
- VAT/G(S)ST rate information
Increase in stamp duty deferment threshold for e-invoices
- Country updates
Extension of e-invoicing mandate scope
- Mandate information
Introduction of the plastic tax
- Other applicable taxes
Expansion of scope of e-invoicing mandate
- Mandate information
Further VAT-related measures in response to Covid-19
- VAT/G(S)ST rate information
2022 budget confirms delay to plastic and sugar tax and reduction in gas VAT rate
- VAT/G(S)ST rate information