VAT paid by companies for pre-paid SIM cards used by employees; refund opportunities

Italian tax authority issued guidance (Resolution no. 69/E, published on 22 October 2020) clarifying that companies that purchase pre-paid/top-up SIM cards (“‘carte SIM ricaricabili”) directly from telecom operators are entitled to recover the amount of value added tax (VAT) charged by the operators if the SIMs are used by company employees for business purposes.