Since these are mixed purchases, even if carried out mainly within the institutional sphere, on the assumption that the University has paid, registered the invoices received and therefore paid the related tax, the adjusted VAT can be recovered by adopting the same proportional distribution criterion with which has been deducted the VAT relating to the commercial activity with reference to the original invoiced amount.
Sources:
Latest Posts in "Italy"
- Companies Must Opt for VAT Group by September 30 for 2026 Implementation
- Italian Tax Authorities Clarify VAT Deduction on Imports by Non-Owners for Cross-Border Businesses
- Italian Tax Agency Clarifies VAT Adjustment Notes During Preventive Agreement Proceedings
- Italian Tax Agency Confirms Exclusion of Asset Sales from VAT Deduction Pro Rata Calculation
- Italy’s e-Invoicing System Offers Key Lessons