(You can verify your VAT number here: Official European Commission VIES website)
The VAT treatment of your invoice will be determined as follows.
- Scenario A – VAT number registered in VIES
If your VAT number is valid and registered in the VIES system, ISICO will issue the invoice without Italian VAT, applying the reverse charge mechanism, pursuant to Article 7-ter, paragraph 1(a), of Italian Presidential Decree No. 633/1972.
Where applicable, you will be responsible for accounting for the VAT in your own Member State in accordance with the VAT legislation in force.
- Scenario B – No VAT number or VAT number not registered in VIES
If you do not have a VAT number, or if your VAT number is not valid or not registered in the VIES system, ISICO will issue the invoice applying the VAT treatment required under the applicable EU VAT legislation, including the VAT rate of your country where applicable.