Following table contains – by means of various use cases– some reasons for incurring penalties in VAT Services on Amazon subscription countries, details on the potential penalty amount and late payment interest rates if any. The application of penalties in case of infractions can be a complex and subjective legal matter. Therefore, this table cannot be seen as a complete overview of the penalties or policies from the tax authority.
For Italy | Reduced penalties (applied to base penalty) | Timeframe | |
Reason | Penalties | ||
Late payments | 30% | 1/10 + (1/15 for each day of delay) | Within 14 days from the violation |
1/10 | Between 15 and 30 days from the violation | ||
1/9 | Between 31 and 90 days from the violation or from the deadline of Annual Return | ||
1/8 | Within 1 year from the violation or within the deadline of Annual Return relating to FY in which the violation occurred | ||
1/7 | Within 2 years from the violation or within the deadline of Annual Return relating to FY following the year in which the violation occurred | ||
1/6 | After 2 years from the violation or after the deadline of Annual Return relating to FY following the year in which the violation occurred | ||
1/5 | After having received the "verbale di constatazione - PVC" (official notice) | ||
Incorrect Annual Returns | 90% to 180% of VAT payment due | 1/9 | Within 90 days from the violation or from the deadline of Annual Return |
1/8 | Within 1 year from the violation or within the deadline of Annual Return relating to FY in which the violation occurred | ||
Communications not filed(Annual Communication or ANR or black list) | € 516 to € 2,065 | 1/7 | Within 2 years from the violation or within the deadline of Annual Return relating to FY following the year in which the violation occurred |
1/6 | After 2 years from the violation or after the deadline of Annual Return relating to FY following the year in which the violation occurred | ||
Annual Returns not filed | 120% to 240% of the VAT payment due; minimum € 258 | 50% ; minimum € 200 | Within 1 year from the deadline of Annual Return |
Accounting violations |
|
1/9 | Within 90 days from the violation |
Not issuing invoices or receipts | 150% of the VAT payment due; minimum of € 500 | 1/9 | Within 90 days from the violation |