Italian intrastat
Italy underwent an extensive reform of its Intrastat and VAT reporting at the start of 2017. Below is a summary of the new rules for Intrastat.
EU Intrastat declarations enable member states to capture information on trading and the movement of goods between Italy and other EU member states. If was introduced as part of the EU’s creation of the single market for goods and services in 1993.
When do Italian Intrastat declarations have to be completed?
When Italian VAT registered companies, either resident or non-resident, sell or transfer goods across its national borders, this intra-community trade needs to be recorded in the Intrastat declaration.
Intrastat filings list the goods sent out of Italy as ‘dispatches’, as well as goods brought into Italy as ‘arrivals’. Intrastat does not apply if the goods are coming in from outside of Europe (‘imports’) or being sent out of the EU (‘exports’). In Italy, foreign companies must first seek written approval from the tax authorities of their intention to trade.
This is a separate process from the application for a VAT number. Once approved, the company is entered into the Archive of Entities Authorised to Perform Intra-Community Transactions (the ‘Archive’).
What are the Italian Intrastat declaration thresholds?
Unlike most other EU member states, there are no Intrastat reporting thresholds for purchases or acquisitions.
Italian Intrastat thresholds (per annum)
|
Arrivals |
Dispatches |
|---|---|
|
€200,000 (monthly submissions) |
Less than €50,000 quarterly; more than €50,000 monthly submissions |
What information is included in an Italian Intrastat filing?
Form INTRA 1 should be used. It records each movement of goods across the Italian national border to/from another EU country must be listed. This shipment list should include the VAT number of the customer dispatching/acquiring the goods, the value of the goods transmitted, the country of the customer and the ID of the goods or services provided.
Italian Intrastat changes 2015
When should Italian Intrastat be filed?
Intrastat declarations are monthly for businesses with arrivals or dispatches above €50,000 per annum. Otherwise they are quarterly.
Arrivals Intrastat reporting was originally planned to be withdrawn in 2017, but will remain a requirement until at least 2018.
Other resources
This guide covers the essential steps ecommerce sellers need to take now that the UK has left the EU Customs Union and VAT regime to keep their cross-border sales going, avoid extra tax costs and frustrated customers.
Read the report to learn about key industry trends, emerging issues, and challenges faced by cross-border sellers and shippers.
Manage international tax with cross-border solutions for VAT, HS code classification, trade restrictions, and more.
