With this article, we aim to update you on some recent changes regarding the indirect customs representative and the fiscal representative.
1. Indirect Customs Representative and Joint Liability for Import VAT
On March 26, 2024, the Council of Ministers approved a significant draft legislative decree aimed at reforming customs and excise regulations in Italy.
One of the most notable changes involves the inclusion of VAT among the border customs duties.
This major reform introduces joint liability for the indirect customs representative, who, together with the importer, will be responsible for the payment of import VAT.
2. The Fiscal Representative: New Requirements and Obligations
Legislative Decree No. 13/2024 of February 12, 2024, introduced several new provisions for fiscal representatives:
- The fiscal representative must meet certain subjective requirements, such as having no convictions for financial crimes and not having committed serious and repeated violations of tax and contribution regulations;
- The fiscal representative is responsible for verifying the completeness and accuracy of the information and documents provided by their foreign client;
- The fiscal representative can assume this role only after providing an appropriate guarantee.
Our Services
The Department of International Taxation of Bacciardi Partners can assist your company in managing the obligations related to these recent changes.