The Italian tax authority issued a resolution providing clarifications on the value added tax (VAT) zero-rating of vessels used on the high seas and of pleasure boats.
Resolution 54/2021 (6 August 2021) provides guidance with regard to non-resident declarants with no fixed establishment and with no VAT identification in Italy (either direct or through a VAT representative) and guidance for indirect suppliers of declarants and for vessels still under construction. The guidance allows for certain declarations to be made by email.
Source KPMG
Latest Posts in "Italy"
- Companies Must Opt for VAT Group by September 30 for 2026 Implementation
- Italian Tax Authorities Clarify VAT Deduction on Imports by Non-Owners for Cross-Border Businesses
- Italian Tax Agency Clarifies VAT Adjustment Notes During Preventive Agreement Proceedings
- Italian Tax Agency Confirms Exclusion of Asset Sales from VAT Deduction Pro Rata Calculation
- Italy’s e-Invoicing System Offers Key Lessons
