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
