Note:
A new version of the Comunicazione Polivalente (abbreviated CP) VAT declaration procedure for sales/purchase transactions of goods and services related to 2012 and onwards has been issued. For detailed official information, see the Websites below.
The new fiscal request is that Italian companies must create an electronic file of the CP declaration, either directly or through intermediaries, using the template available on the website, to be sent to the tax authorities.
Prerequisites
The setup outlined in Setting up parameters for the Comunicazione Polivalente (CP) procedure (Italy) must have been performed first.
Declaration options
| Option | Description |
|---|---|
| Spesometro | This type of declaration is made annually. For invoice transactions, there is no amount limit. For transactions related to operations with no obligation to issue an invoice, the amount limit is EURO 3,600, including VAT. All cash receipt amounts (paid by debit or credit card) that are equal to or exceed the amount limit must be included in the declaration. Only Italian and Non-resident transactions must be included in the declaration.
Examples of Spesometro taxpayer categories are:
|
| Black list | This type of declaration is made monthly or quarterly depending on the company business. The Black list is a list of countries with a privileged tax system, characterized mostly by low or even non-existent taxes. The aim is to limit or eliminate the distorted effects deriving from business relations with such countries. |
| Purchase from RSM | This is a declaration of monthly purchase transactions made by operators in the Republic of San Marino. |
| POS transactions (cash receipts) | This declaration option is currently not available in the system. |
You have the option to choose between sending the electronic data in analytical or aggregate form. In aggregate form, the same business partner’s transaction values will be grouped together (for the total amount and tax amount), distinguishing between sales and purchase.
However, data sent in aggregate form is not allowed for:
- Purchase by traders in San Marino.
- Purchase and sales from/to agricultural producers.
- Sales paid in cash over EURO 1,000 to non-resident individuals and not of Italian nationality or from the EU.
Transactions excluded from the new version of the CP declaration procedure are:
- Import transactions
- Export transactions
- EU transactions
- Cash receipts over 3,600 EURO to persons without VAT registration number which are paid with credit card, debit card or prepaid card.
Websites
Further information can be found on the following websites:
- The Italian Agenzia Entrate website.
- The English version of the Agenzia Entrate website. Tip: Click on the English Site Map link for an information overview.