06.27.23
Split payment renewal
Spit payments in the e-invoicing terrain have most recently been associated with Poland. By means of some background, split payments often serve as an effective measure to maintain tax regulation, as the buyer typically pays money into a bank account dedicated solely to tax purposes. Critically, this ensures the payment of VAT and is thus viewed as an effective measure to reduce the VAT gap.
Italy, like Poland, has also made use of the split payment mechanism, although to date this has been restricted to the Business to Government (B2G) sphere. The split payment mechanism in Italy has been in operation since 2015 and was due to expire in June 2023.
The Italian Minister of Finance has announced that the procedure for the renewal of the split payment is nearing completion, reinforcing the split payment as an integral feature of Italy’s e-invoicing topography.
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