Despite the obligation to communicate initial and final stocks, a corresponding compensation mechanism has not been set up in favor of commercial depots and distribution plants, aimed at mitigating the write-down of stocks, in economic and financial terms, produced from measures to reduce VAT and excise duties.
Source: IPSOA
Latest Posts in "Italy"
- Fake Transactions and VAT: Burden of Proof Remains with Tax Authorities
- Italian Court Rules Training Services to Employment Agencies Are VATable
- Ordinary VAT on Water Potability Testing in Residential Buildings
- Ordinary VAT Regime Always Permitted for Gaming Machines
- Italian VAT Court Case on EU Goods Resale and Reverse Charge
