In order to apply the rate VAT of 4% to the sale of a vehicle must first verify the presence of the conditions (subjective and objective) provided by n. 31 of Table A, Part II, attached to Presidential Decree 633/72. The vehicle and invoice may be in the name of the family member who bears the costs.
Source: eutekne.info
Latest Posts in "Italy"
- Italian Supreme Court Rules Non-Deductible VAT on Non-Existent Transactions Not a Business Expense
- Legislative Decree on Third Sector, Business Crisis, Sports, and VAT: Proposed Amendments to VAT Deductions
- Company in Liquidation: VAT Deduction Allowed on Late Invoices for Liquidation Activities
- Resolution No. 50: Refund of Undue VAT (Article 30-ter of Presidential Decree No. 633/1972)
- Commercial Property Conversion to Residential: VAT Deduction Adjustment Required Under Italian Tax Law
