Council Directive 2001/115/ec Amending Directive 77/388/eec To Simplify, Modernize And Harmonize The Conditions Laid Down For Invoicing In Respect Of Value Added Tax (2): Authorities Granted To The Member States, Towards Taxable Person, Concerning The Obligations To Issue An Invoice And The Enforcement Of The Above-mentioned Directive

Council Directive 2001/115/EC dated 20th December 2001, amends Directive 77/388/EEC with a view to simplify, modernize and harmonize the conditions laid down for invoicing in respect of value added tax. Such Directive deals with different aspects to which it is appropriate to make a through review, among which the authorities granted to Member States, towards taxable person, concerning the obligations to issue an invoice and the enforcement of the Directive.

The following questions have been addressed in this article:

When may Member States provide that invoices in respect of goods supplied or services rendered in their territory do not have to fulfil some of the condition laid down in paragraph 3(b)?
In the above-mentioned cases, which elements must the invoice contain?
What shall ”transmission and storage of invoices by electronic means” mean?
Within which date shall Member States bring into force the laws, regulations and administrative provisions necessary to comply with Directive 2001/115/EC?
Council Directive 2001/115/EC has already been acknowledged by Italian regulations?

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