Europe

On 10 September 2026, San Marino enacted Regulation No. 28 establishing the technical and procedural rules for the preparation, transmission, and receipt of electronic invoices between San Marino economic operators. This regulation operationalizes the mandatory domestic B2B e-invoicing framework, defining the data formats, transmission channels, and compliance obligations for taxpayers. The rules aim to align

On 21 September 2026, the Italian Court of Cassation (Supreme Court) issued a landmark ruling (referenced in Il Sole 24 Ore) changing the orientation on authorizations for bank investigations in tax matters. The Court held that a generic reference to the investigative hypothesis is insufficient; the prosecutor must provide a specific, detailed motivation linking the

An article published on 7 September 2026 in Il Sole 24 Ore addresses the tax treatment of Trattamento di Fine Rapporto (TFR) severance payments made annually to Italian cross-border workers employed in San Marino. Unlike the standard lump-sum payment at termination, annual TFR payouts trigger distinct withholding tax obligations under the Italy-San Marino tax treaty

Effective 1 January 2027, San Marino’s Decree Delegated No. 144 (24 September 2026) makes the telematic certification of revenues mandatory for merchants participating in the Smac Card circuit. The decree implements the combined reading of Article 12 of Law No. 166/2013 and subsequent amendments, establishing the technical specifications, transmission deadlines, and cost-sharing mechanisms for the