VAT rate increases set forth under the 2019 Budget Law have been permanently removed from 2021.
Reduced VAT rate for medical devices and VAT treatment (Art. 124)
Deferral of VAT payments (Art. 126)
Postponement of tax tickets lottery (Art. 141)
Postponement of prepopulated VAT compliance (Art. 142)
Increase of offsetting threshold (Art. 147)
Source: EY
Latest Posts in "Italy"
- Surety Bond for VAT-Related Transactions: Cassation Confirms Proportional Registration Tax Applies
- Italian Tax Agency Clarifies Rules for Payment Terminals and Vending Machines’ Electronic Register Connections
- Intra-EU Supplies: 90-Day Rule Start Date When Goods Undergo Processing and Installation
- 10% VAT Rate for Supply and Installation of Photovoltaic Systems: Tax Benefits Explained
- Foreign Exchange Rates for February 2026 Published Online by Italian Revenue Agency














