Unofficial translation
Masks exempt from VAT until the end of the year
The decree then provides for the reduction of VAT on the goods necessary to contain and manage the epidemic. It will therefore pass, explains Palazzo Chigi, from 22% to 5% on medical and individual protection goods and devices such as lung ventilators, masks and other safeguards for worker safety. But until December 31, 2020, the sale of these goods – therefore masks and security devices – is totally exempt from VAT.
Source Helpconsumatori
Latest Posts in "Italy"
- Local Authority Reimbursements for Employee Electoral Mandate Leave Not Subject to VAT
- VAT Refund Denied in Fraud Context After Contract Reclassification
- Italy’s Supreme Court Redefines Territoriality Through Substance
- Upcoming Consolidated VAT Code to streamline regulations
- Italian Tax Agency Communication on VAT Declaration Discrepancies for 2023 Tax Period
