ITA GVT VAT-relevant Payment Data
On Nov. 30, ITA GVT issued decree implementing directive on topic.
- ITA GVT issued Legislative Decree 180/2024 on implementation of Directive 2020/285.
- Re special scheme for small enterprises and Dir 2022/542 re rates of value added tax.
- Follows EU Mar. 2020 published dir 2020/285 amending VAT re SMEs in OJ, #50854.
- Overview
- The new decree makes numerous punctual amendments to DL 41/1995, converted by Law 85/1995, and to Presidential Decree 633/1974 (so-called VAT decree).
- Among the changes to the VAT decree there is a new Tittle V-ter on Cross-border exemption regime (which includes chapters and sections).
- Effectiveness
- DLgs 180/2024 enters into force on Jan. 1, 2025.
| Regulators |
ITA GVT
|
| Entity Types |
Corp |
| Reference |
OG 281, 24G00196, 11/30/2024; DLgs 180/2024, 11/13/2024; DL 41/1995; VAT Decree 633/1972; Dir 2022/542; Dir 2020/285; VAT Dir 2006/112; Citation: Legislative Decree 180/2024; |
| Functions |
Compliance; Financial; Legal; Operations; Tax |
| Countries |
Italy |
| Category |
|
| State |
|
| Products |
Corporate |
| Regions |
EMEA |
| Rule Type |
Final |
| Rule Date |
11/30/2024 |
| Effective Date |
1/1/2025 |
| Rule Id |
235551 |
| Linked to |
Rule :50854
|
| Reg. Last Update |
11/30/2024 |
| Report Section |
EU |
Last substantive update on 12/05/2024
