Italy has extended for the forth time the temporary cut in Value Added Tax rate on domestic and industrial use gas until the year end. Italian inflation has risen to 7.9% in July 2022, up from 6.8% in March. This is the highest level in over 30 years.
Source: VAT Calc
Latest Posts in "Italy"
- New VAT Regime for International Transport: Interpretative Doubts on Intermediaries’ Non-Taxability
- Mandatory Integration of POS and Telematic Registers for Electronic Payment Data Transmission from 2026
- Same Tax Regime for Consortium and Members in Contract Execution, Rules Italian Supreme Court
- New VAT Regime for International Transport: Assonime Calls for Broader Exemption to All Intermediaries
- VAT Rules for Spare Parts Supply: Delivery Penalties Do Not Reduce Taxable Base
