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Italy Extends Energy Support Measures: Reduced VAT rate applicable till end Sept/Dec 2022, ….

Italy has published Decree-Law No. 115 of 9 August 2022 in the Official Gazette, which contains further urgent measures to support taxpayers in light of increased energy prices and other ongoing issues. This includes the extension of the following support measures:

  • The reduced VAT rate of 5% on supplies of natural gas for domestic (civil) and industrial purposes is extended for the months of October, November, and December 2022; and
  • The reduction in the excise duty rates on different fuels, as well as the reduction in the VAT rate to 5% on natural gas used for transport is extended until 20 September 2022.

Source Orbitax

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