Communication of inventories to the Tax Authority

Who is obliged to communicate inventories?

Natural or legal persons, who have their head office, permanent establishment or fiscal domicile in national territory, who have organised accounts and are obliged to draw up an inventory.

Who is exempt from the obligation to communicate?

The persons referred to in the previous paragraph, to whom the simplified taxation regime for IRS or IRC is applicable, are exempt from the obligation of communication.

What are the changes in the communication of inventories?

The communication of inventories will continue to be made without the respective valuation, using the communication file format initially foreseen in Ministerial Order 2/2015, of 6 January. The valuation of inventories provided for in Ministerial Order no. 126/2019, of 2 May continues not to be communicated.

What is the deadline to deliver the Inventory?

The communication of inventories for the 2023 tax period can be made until the end of January 2024.

If companies fail to comply with the stipulated deadlines they will be subject to a fine of between €200 and €10,000 if they are IRS taxpayers, and between €400 and €20,000 if they are companies.