From 1 July 2022, the Italian government has broadened the scope of its e-invoicing mandate, by extending its reach to additional taxpayers subject to electronic invoice issuance and clearance obligations.

Under the draft Law-Decree PNRR 2, certain VAT taxpayers previously exempt from this mandate will now be required to issue and clear electronic invoices through the Italian clearing platform Sistema di Intercambio (SDI).

From 1 July 2022, the following additional taxpayers will have to comply with the Italian e-invoicing mandate:

  • Flat-rate taxpayers (regime forfettario).
    Forfettario is a VAT regime that permits taxpayers who fulfill certain requirements to apply for a reduced flat-rate VAT of 15%, reduced to 5% for new businesses during the first five years of operation. Up until now, this group of taxpayers has been exempted from e-invoicing and clearing them through the SDI, as per Legislative Decree 127 of 5 August 2015.
  • Entities with revenues up to EUR 65,000 from amateur sports associations and third sector organizations.
    Additionally, amateur sports associations and third sector entities with revenues up to EUR 65,000, who were previously exempt from the e-invoicing mandate, are now included in the mandate. They will also be required to use e-invoicing as of 1 July 2022.

Microenterprises with revenues or fees less than EUR 25,000 per year are exempt from the mandate but will be required to issue and clear e-invoices with the SDI beginning in 2024.

#digitaltransformation #law #tax #europeanunion #italy #sdi #fatturaelettronica #einvoicing #edi #ebx #ebxservices #ebusiness #expert