Italy: Clarifications of VAT, e-commerce sales - KPMG Global
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Italy: Clarifications about VAT, e-commerce sales of electronics

Italy: Clarifications about VAT, e-commerce sales

The Italian government issued a decree and a press release in an attempt to clarify application of the rules under a new law in Italy relating to value added tax (VAT) and e-commerce (remote) sales of electronics.

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Background

The new law (Law no. 12 enacted 13 February 2019) applies to taxable persons that, through “electronic interfaces” (marketplaces, platforms, portals, etc.), make remote sales of mobile phones, video game consoles, tablet PCs, and laptops. Read TaxNewsFlash

Clarifying guidance

Subsequently, the following clarifications were provided concerning VAT on the remote sales of certain electronics:

  • The Italian government on 25 February 2019 issued a decree clarifying that taxable persons must remit VAT to the Italian treasury by 16 April 2019 or by 16 May 2019 (with an “uplift” of 0.4% calculated on a monthly basis).
  • The Italian Ministry of Finance on 27 February 2019 issued a press release clarifying that the amount of VAT due either by 16 April 2019 or by 16 May 2019 relates to deemed supplies of electronics made during the first quarter of 2019.
     

Read a February 2019 report [PDF 166 KB] prepared by the KPMG member firm in Italy

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