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Hi Roy,
I think I haven't been clear enough. I know about the tax on gifts in Italy but what about replacement items and warranty? They are obviously free of charge but I would be suprised if the cusomer should pay tax just because the items appear on an invoice?!
I am trying to determine whether or not I am allowed to put such zero price items on the invoice or not (without VAT). To ensure a consistent way of posting costs this is the preferred way of doing it - if the italian law allows it.
Thanks in advance
Rgds.
Christian
---------------Original Message---------------
From: Roy B
Sent: Thursday, July 29, 2010 9:45 AM
Subject: How to handle Free of Charge in Italy?
> Hi,
> yes it is really the case that you must charge VAT on free goods in
> Italy. If you give away samples for promotional purposes, for
> example, you have to charge VAT and the customer has to pay it.
>
> The way I have handled this in the past, and probably the best and
> most elegant solution, is to have a special pricing procedure in SD
> with a sales condition for the goods at full value, then a subtotal
> before VAT. You calculate VAT on this subtotal, add it in, then use
> another (negative) condition to reverse out the net cost (before
> tax) of the goods, charging the cost off to marketing costs or
> whatever is appropriate. The net result is that the invoice consists
> of the VAT, but the full story shows up and can be followed, tracked
> to CO-PA etc.
>
> Rgds, Roy
> Roy Brookes AFA, FInstBA,
> Senior SAP Financials Consultant
> Tel: +49 171 268 9635 (mobile)
> Tel: +49 40 793 19642 (landline)
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