The separation of activities for VAT purposes is available in case of objectively autonomous activities carried out by the same legal entity to allow an efficient creditability of input VAT.
Source Linklaters
Latest Posts in "Italy"
- 10% VAT Rate for Ophthalmic Products Classified Under NC Code 3004, Clarifies Italian Tax Agency
- EU Court: VAT Triangular Transactions Apply Even if Goods Delivered to Final Customer, Not Intermediary
- VAT Deduction Allowed for Garage of Professional Office Classified as Residential Property, Supreme Court Rules
- Is VAT Payable on Intermediation Services for the Sale of VAT Credits?
- Applicable VAT Rate for Ophthalmic Medical Devices: Classification of Eye Drops and Sprays
