Extension of the electronic invoice obligation to taxpayers under the flat tax regulations from 1 July 2022, until 2024. From 1 January 2022 until 30 June 2022, there will be advanced penalties for missing electronic payments. This means that, from 1 July 2022, taxpayers are obliged to comply with the Italian e-invoicing mandate. In addition to flat-rate taxpayers, the obligation of electronic invoicing also begins for amateur sports associations and third-sector entities with income from commercial activities of up to EUR 65,000. This new regulations are available to taxpayers who fulfil certain requirements, thus receiving a reduced flat-rate VAT regime of 15%, reduced to 5% for the first five years. In the past, taxpayers were exempt from the obligation to issue e-invoices using SDI, according to Legislative Decree 127 of 5 August 2015.
Taxpayers will not be subject to penalties for the first few months of the obligation in order to give them an adjustment period. From 2024, this will also include those whose revenues or fees exceed EUR 25,000.
The new regulation comes at the same time as another one regarding invoices coming from abroad, and the abolition of the Esterometro, which companies used until now. The constant changes in Italian e-invoicing regulations show how important it is for companies and organizations to have a stable and compliant technological provider in order to remain aligned with changes and ready to face them on time.