Posted on December 8, 2014
A draft proposal was made to gradually raise the VAT rate in Italy as from 01.01.2016, no details on the percentages were communicated. The draft also contains a proposal to remove the obligation to file an annual VAT communication, where the annual VAT return would remain to be filed. We will keep you informed about this proposal.Author: Daniëlle van der Meulen – Idema, Sr. VAT Specialist