Electronic commerce (e-commerce) continues its exponential growth in our country. Market analysts recorded an increase in online sales of 10% in 2016 compared to the previous year.
The growth takes on truly significant proportions for large online chains, while the development for modest-sized companies is not yet notable.
There are no doubts about the advantages that e-commerce presents from a dual point of view: it simplifies the sales methods (and above all it simplifies the purchasing method for the consumer) and it also simplifies the burdens on the seller.
In this regard, as we mentioned in the previous article of 05.19.2017, there are important innovations in simplification, including the abolition of the cash register, the possibility of saving data and invoices on online terminals, etc..., and also the possibility of transmitting data to the Revenue Agency more quickly and clearly for tax purposes.
It is also important to underline the new Moss VAT regime (Mini One Stop Shop), which gives the operator the possibility of concentrating all VAT declaration and payment obligations in a single EU member country. The relevant regulations are contained in Legislative Decree 42/2015.
It is worth remembering that, regarding e-commerce, Italian companies (Sole Trader or Company) and foreign companies that have a permanent establishment in Italy are subject to Italian tax legislation.
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Milano, July 10th 2017.
Avv. Giovanni Babino
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