Law no. 234/202, concerning the “Budget of the State for the financial year 2022 and multi-year budget for the period 2022-2024” (hereinafter the “Budget Law”) was published in the Italian Official Gazette on 31 December 2021. In this document we briefly analyze the most significant changes that have been introduced to the Italian VAT, excise and other consumption taxes legislation.
- Art. 1, paragraph 12 (Plastic and Sugar tax)
- Art. 1, paragraph 13 (VAT rates for female tampons)
- Art. 1, paragraph 72 (confirmed the offset of tax credits to 2 millions euros)
- Art. 1, paragraph 506 (5% VAT rate for natural gas for civil and industrial uses)
- Art. 1, paragraph 527 (VAT rates for the supply of cattle and pigs)
- Art. 1, paragraph 683 (postponement of VAT exemption for non-profit organizations)
- Art. 1, paragraphs 923 and 924 (postponement of payments by associations and non-professional clubs)
- Art. 1, paragraphs 985 – 987 (excise duty on beer)
Latest Posts in "Italy"
- ECJ C-527/24 (Harry and Associés) – Judgment – Technical Fault Cannot Bar VAT Refund and Access
- Non-Resident Professional: VAT and Income Tax on Amounts Received After Company Deregistration
- VAT on Professional Fees from a Dissolved Company Despite VAT Closure and Relocation Abroad
- Italy’s Plastic Tax and Carbon Pricing: New Environmental Levies and Compliance for Businesses
- VAT Compliance Certificate Remains Valid Even Without Required Checks, Rules Italian Supreme Court
