The Spanish tax authorities announced changes to the content of SII files. These changes will...
Last year the Italian authorities announced plans to introduce quarterly VAT returns and quarterly invoice listings. Before last year, an annual VAT return, annual Spesometro and monthly or quarterly VAT payments were due. In 2017, Intrastat returns were also meant to be abolished.
Given the importance of these changes and the little time to adapt to the new rules, the Italian tax authorities announced a revised timeline and several simplifications in order to allow businesses to meet the new VAT return requirements.
Here is a summary of transitional measures agreed in Italy:
Italy has a merged system of Intrastat and ECSL returns. Only one filing is due for these two obligations. This obligation combines data from each type of return. In 2018, intra-Community acquisitions will no longer be reported in this return. It is not clear how will the statistical authorities measure incoming goods from other EU countries if this data is not included in the Intra-2 form. Data such as commodity code and mass of goods would not be available for the Italian authorities. We can therefore expect further changes to Intrastat reporting in the future.
For completeness, we are providing below a summary of the changes applicable as from 1 January 2018:
Regarding IT and technical requirements for the new quarterly spesometro, the authorities published IT and practical guidelines in RISOLUZIONE N. 4/E of 17 January 2017.