Extended Italian localization – Tax plafond
Important
This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.
Enabled for | Public preview | General availability |
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End users by admins, makers, or analysts | Jul 1, 2020 | Aug 1, 2020 |
Business value
Global and local customers who deploy Dynamics 365 Finance in Italy receive selected regulatory and competitive Italian features out of the box without the need to apply the Extended Italian Localization (EXIL) add-in or any other add-in with similar features available in the Italian market.
Feature details
The extended Italian localization tax plafond is a tax-exemption process that allows companies, usually exporters, to purchase and import goods and services without paying sales tax within a limit value of their sales to foreign countries/regions in the previous period. A company is a "usual exporter" when, in the previous year, 10 percent of the company's revenue value came from selling to a foreign country/region. To support that, the initial plafond and the validity dates (from and to dates) are established at the beginning of the period. The company can buy without paying sales tax until the purchases value is below the initial plafond.
See also
Tax plafond (docs)