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    • UK Based Global VAT and Tax Compliance Consultants
    02
    Nov

    Italian Revenue Agency to cancel over 60,000 VAT numbers


    The Italian Revenue Agency will cancel over 60,000 VAT numbers from the European VAT Information Exchange System shortly.

    The anti-fraud measure is targeting businesses that had not filed EC listings in Q1 2015. Any company contacted by the Italian VAT authorities with a cancellation notice will have to produce evidence within 60 days of intra-community trades to retain their VAT number. Removal from the VIES system will mean businesses will not be able to trade VAT-free on B2B supplies across EU internal borders.


    Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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    We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.