Italy will implement changes to its Intrastat reporting system starting from 1st January, 2018. These simplifications were first scheduled for 2018, when a new quarterly VAT reporting regulation was introduced.
Changes will include:
- The withdrawal of the quarterly acquisitions Intrastat,
- Monthly acquisitions Instrastat, if goods were above EUR200,000.00 in any of the previous four quarters (simplified reporting where below EUR100,000.00),
- Monthly acquisitions Intrastat, if services were above EUR100,000.00 in any of the previous four quarters.
amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a standard and cost efficient approach.
If you have any queries or questions, please do not hesitate to contact amavat®.
To find out more information please visit www.amavat.eu