Electronical Invoice: the reduction in penalties for the first semester of 2019 has ended

The Art. 10 of Law Decree 119/2018 provided a relief from penalties in case the e-invoice was issued within the deadline for VAT periodical liquidation. Moreover, a reduction of 80% of penalties was set forth in case of issuing of the e-invoice within the deadline for the following VAT periodical liquidation. This relief from penalties applied until 30th June 2019 and until 30th September 2019 for only VAT taxable persons that liquidated VAT monthly.

From 1st October 2019 penalties will apply in full in case the e- invoice will be issued late .

The Art. 6 of Legislative Decree 471/1197, if the e-invoice is omitted or is issued late, rules that a penalty ranges from 90% to 180% of the undeclared taxable income.

The penalty ranges from 250 to 2,000 euros if the violation does not affect to the calculation of the income taxes. For operations that are non-taxable, exempt, not subject to VAT or subject to reverse charge, is applied a penalty that ranges from 5% to 10% of unregistered income (if the violation is not relevant for the taxable income, it applies the penalties that ranges from 250 to 2,000 euros).