On 23 February 2023, Italian Council of Ministers approved the legislative decree to implement new rules on the exchange of information on income generated through digital platforms (DAC7).
DAC7 rules requires digital platform operators to report the revenue generated by sellers on their digital platforms and for EU Member States to automatically exchange this information. The new rules generally apply from 1 January 2023.
Related Posts
Italy’s Revenue Agency released the Circular No. 20/E, offering guidance on tax residency for individuals, companies, and other entities on 4 November 2024. The guidance follows the revisions introduced by Legislative Decree No. 209 of 27
Read More
Italy's Council of Ministers approved the Legislative Decree on 29 October 2024, establishing the consolidated code for regulating the tax judicial system, administrative and criminal sanctions, and minor national
Read More
Italy’s Council of Ministers has passed the Legislative Decree implementing the Amending Directive to the VAT Directive (2020/285) and the Amending Directive To The VAT Directive (2022/542) on 29 October 2024. The Council approved the
Read More Italy published the Decree of 11 October 2024 in the Official Gazette on 23 October 2024, which addresses reducing the taxable base relevant to the global minimum tax. Earlier, Italy’s Ministry of Economy and Finance announced the Decree of 11
Read More Italy's Department of Finance has released the updated lists of companies subject to the value-added tax (VAT) split-payment system in 2025. The lists will be updated throughout the year. The revised lists include companies or entities controlled
Read More Italy's Ministry of Economy and Finance announced that the Decree of 11 October 2024, which provides implementation rules on the substance-based income exclusion (SBIE) to be applied when calculating the due amount of top-up tax and is being
Read More
