In the next few days, around 60 VAT holders will receive a letter from the Revenue Agency informing them that they will be canceled from the Vies (Vat information exchange system) archive, the system for exchanging information on VAT between EU countries.
In particular, the communication will be received by VAT subjects who have not presented summary lists starting from the first quarter of 2015 and who "show characteristics of apparent inactivity", specifies the Agency in a press release. The operation is the result of an initial phase of checks on the database of operators authorized to carry out intra-community operations.
WHY EXCLUSION OCCURS
Tax inspections on VAT subjects registered in the Vies archive take place after registration has already taken place, as they are no longer preparatory to the start of intra-community operations. Subsequently, the Agency verifies the regular presentation of the summary lists and deletes from the database those who have not submitted even one for four consecutive quarters.
The analysis made it possible to identify the taxpayers who are in this condition and who will therefore receive the letter of exclusion.
ROAD BARRED, BUT NOT FOREVER
The effective exclusion of the VAT number takes place 60 days after receipt of the communication. In this window of time, the taxpayer interested in maintaining registration can in any case contact the Revenue Agency Office to provide the documentation relating to the intra-community transactions carried out or adequate information on those in progress or to be carried out.
Furthermore, any exclusion does not affect the possibility of requesting a new entry in the database, directly electronically through Fisconline or Entratel or through appointed subjects. The checks on the Vies archive will also continue in the coming months.
