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An Indirect Tax (VAT/IVA) Specialist focuses on compliance, advisory, and planning related to value-added tax and other consumption-based taxes. This specialism involves understanding complex domestic and international supply chains, digital services, and specific sector rules.
Italy, as an EU member state, adheres to EU VAT Directives, but also has specific national legislation. The standard IVA rate is 22%, with reduced rates of 10%, 5%, and 4% for certain goods and services. Key compliance obligations include monthly/quarterly IVA settlements, annual IVA declarations, Intrastat declarations for intra-EU trade, and Esterometro (for non-EU transactions, until replaced by e-invoicing). The Agenzia delle Entrate is the primary tax authority responsible for IVA.