Free movement of goods has been one of the greatest accomplishments of the EU Single Market, and eliminating customs barriers has enhanced intra-EC trade, however required significant reforms in summarising intra-EC trade for statistical purposes.
For customs purposes, VIES has been set up to provide Member States with controls on intra-EC trade in goods between taxable entities. VIES is a system of automated exchange between EU financial administrations, whose purpose is to control commercial transactions within the European Community.
Italian Law Decree no. 78/2010 introduced the requirement to obtain authorisation from the Revenue Agency for carrying out intra-EC transactions.
Once the Revenue Agency has approved the transactions, the parties are registered in the VAT Information Exchange System (VIES).