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Italy VAT update

  • Jun 23, 2017 | Richard Asquith

Italy VAT update

A range of changes to the Italian VAT regime have now been enacted, including:

  • A commitment to VAT rate rises if the government fails to meet its Euro budget rules:
Current Jan 2018 Jan 2019 Jan 2020 Jan 2021
Standard rate 22% 25% 25.4% 24.9% 25%
Reduced rate 10% 11.5% 12% 13% 13%
  • Restricted VAT credit applications to the annual return due in the following year.  This will apply for the 2017 annual return, due in 2018.
  • A commitment to VAT credit refunds within 60 days
  • Introducing an outside audit requirement for the offset of VAT credits above €5,000 against other taxes due
  • Including Italian publicly quoted companies in the split payments requirement of VAT submitted directly to the tax authorities.  This is applicable from 1 July 2017.

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. 

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara