In case of payment and collection in a whole tax period of all amounts for transactions exceeding euro 500.00 exclusively through traceable means and certification of revenues exclusively through the issuance of electronic invoices and/or electronic receipts and/or online commercial documents on the Inland Revenue website, it is reduced to two years the time frame during which tax offices can serve notices of assessment to increase the income declared by holders of business or self-employment income.
Traceable means are all means of payment other than cash, i.e:
- bank cheques, postal cheques, bank drafts, promissory notes, provided they are non-transferable;
- transfers;
- debit cards;
- credit cards;
- bills of exchange;
- other payment systems through the banking or postal system.
While remaining at your disposal for any doubts or requests for clarification, we would like to take this opportunity to extend our best regards to all.