Michaela Merz


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PwC’s global indirect tax webcast: mandatory e-invoicing in Italy


I am delighted to invite you to the next in the series of PwC Global indirect tax webcasts on mandatory e-invoicing in Italy.

Date:      27 March 2018
Time:      3pm to 3:30pm CET

Starting from 1 January 2019, electronic invoicing will be compulsory for all B2B transactions carried in Italy by Italian VAT registered, established and resident entities. Continue reading


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Italy – News on mandatory e-invoicing regime and other VAT compliance obligations


Following to the approval of the Financial Law 2018, starting from 1 January 2019, a mandatory electronic invoicing obligation will be in place for the supplies of goods or services carried out between subjects that are resident, established or VAT registered in Italy.

The e-invoicing obligation is aimed, on one hand, to spread the digital culture among the companies and, on the other hand, to prevent the tax evasion and VAT fraud.

Therefore, taxpayers will be required to set their informatics systems in order to send and receive .XML e-invoices through the Interchange System (so-called “SDI”). The level of intervention on the informatics system will depend on different variables and could be limited if one or more intermediaries are used in the process. Continue reading


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Turkey – Introduction of e-delivery note as of 1 of January 2018


After the successful transition to e-invoicing, e-archiving and e-bookkeeping in Turkey, the Turkish Revenue Administration recently has published a new regulation for e-Delivery Note aiming to ease tax transactions as well as increasing the transparency. It’s also expected to have a positive effect on efficiency of logistic processes. Continue reading


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Turkey – Electronic Transformation


Turkish Tax Authorities have an ambitious plan to shift paper obligations to electronic format.

Tax Authorities have made clear that there is no time to lose in the implementation of their ambitious electronic transformation plan. Continue reading


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Turkey: changes in relation to the Electronic Record Keeping Requirements and e-invoicing


Electronic Record Keeping Requirements

The Turkish Revenue Administration (TRA) has introduced the Electronic Record Keeping Obligations by issuing the Tax Procedural Law General Communique no. 431 on 29 December 2013. As a result, since 1 January 2015 certain Turkish taxpayers (from petroleum and tobacco products market) are obliged to create and keep their records in one of the certain formats (xls, xlsx, txt, csv or xml). Continue reading


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Italy – e-invoice VAT assessments as from 1 of January 2017


PwC_Rep_Italy_Rome_MB_005.jpgItaly is to offer a voluntary e-invoice/e-reporting regime to tax payers from 1 January 2017 also for B2B and B2C transactions (indeed, a similar system is already in place for B2G transaction). The measure is designed to reduce VAT fraud and simplify reporting. According to the Legislative Decree no. 127/2015, new rules related to business-to-business e-invoicing and e-Submission will apply. Continue reading


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Switzerland – E-Invoicing: requirement for advanced electronic signatures abolished 


603207_web_r_k_b_by_jorma-bork_pixelio-deIn order to claim the input VAT deduction on purchases, a tax payer has to prove authenticity and integrity of the document in question, irrespective of whether it was received on paper or electronically. In the past, for electronic invoices, this required the use of an advanced electronic signature. This applied despite the free consideration of evidence, which was introduced into the VAT legislation in 2010 and states that input VAT can be deducted if the taxable person can prove that he paid the VAT. Continue reading