Italy launches Esterometro VAT report
- Jan 18, 2019 | Richard Asquith
Italy has confirmed the details of its new VAT filing, the Esterometro, which replaces the Spesometro for most Italian VAT registered businesses.
The Esterometro reports cross-border VAT transactions not recorded within the extended live invoice reporting system, Sistema di Interscambio (SdI). From 1 January 2019, all B2B and B2C transactions between resident Italian tax payers have to be live submitted to SdI for approval and onward submission to the supplier’s customers. Transactions out of scope for the Esterometro therefore are intra-community supplies and imports/exports of both goods and services.
The Esterometro is filed in XML format, and is due on a monthly basis. Foreign businesses with an Italian VAT registration are not required to complete the Esterometro.
Need a fiscal representative in Italy?
Non-EU businesses selling in Italy will need to appoint a fiscal representative alongside completing VAT registration and returns.
Fiscal representatives are responsible for the accurate VAT submissions of their non-EU clients.
Avalara offers a Fiscal Representative Service as part of its international VAT and GST Registration and Returns Service.
Need help with your Italian VAT compliance?
Researching Italian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.