For limited number of taxpayers, pre-completed VAT returns launch based on SdI e-invoicing
The Italian Revenue Agency will offer the option of pre-filled VAT returns from this Friday for certain taxpayers. These are based on 2022 transaction data submitted via the Italian SdI e-invoicing regime. In this first wave, this is only on offer for resident taxpayers using the cash regime and filing quarterly.
European shift to pre-completed VAT filings
Italy is joining the new Greek pre-filled VAT return drive which was also launched in 2023, based on Greek myDATA e-ledgers.
EU VAT in the Digital Age reforms include a channel for harmonised Digital Reporting Requirements (DRR) This grew from the 2020 Tax Action Plan proposals for a fairer and more efficient EU tax regime.
Such measures will support the creation of draft pre-filled invoice for member states who chose to follow the option to impose digital / e-invoicing on domestic transactions.
Pre-filled VAT / GST returns
|- Chile 2017 implementation|
|- Mexico with CFDI e-invoicing|
|- Bolivia with SFE e-invoicing 2021|
|- Spain extension of pre-completed returns 2022 with SII|
|- Portugal 2018 SAF-T used for draft annual VAT return|
|- Italy 2023 first pre-filled returns available|
|- Suspended Hungary pre-filled VAT returns|
|- Albania 2021 with e-invoicing|
|- India 2021 GSTR 3B summary transaction form|
|- Greece myDATA 2022 pre-completed filings|
|- France live invoice reporting returns|
|- Peru and Ecuador|
|- Australia limited sales transaction reporting profiled returns|
|- China profiled returns for sales and purchases certain taxpayers|
|- Angola limited prefilled sales transaction VAT returns|
|- South Korea|
|- Tajikistan purchase and sales transactions precompleted returns|
|- Uzbekistan sales and transactions prefilled returns|
|- Armenia purchase and sales transactions precompleted returns|