Posts Tagged ‘Legislation-IT’

B2B and B2G eInvoicing in Italy as from 01.01.2019

Written by Marcel Thijssen on . Posted in Exact Globe

After 1 January 2019, all domestic invoices issued by permanently established organizations in Italy must be compliant with the new eInvoicing framework. This means that regardless of what invoice practices you have in place today, be they paper, EDI, e-mail or scanned, you must have migrated to the Italian FatturaPA XML format and have a solution in place that means you are connected to the government’s IT-platform known as the Sistema di Interscambio, or SDI for short. After this time any invoice issued in any other way than through the government IT platform will not be compliant and will for fiscal purposes be considered as simply never having been created. Non-compliance will lead to a disruption or complete shutdown of your global supply or demand chain and leave buyers unable to reclaim the VAT that they are due, as well as risk reputational harm and penalties.

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