In the Italian tax system, (Split Payment) is a VAT mechanism used primarily in transactions with public administrations or listed companies.
Recent Italian legislation (Legislative Decree No. 19/2023) has updated the rules for international scissione to align with EU directives on cross-border mobility. 2. Fiscal: Scissione dei Pagamenti (Split Payment) Scissione
The original company continues to exist but spins off a portion of its assets/liabilities to another entity. In the Italian tax system, (Split Payment) is