The Italian Revenue Agency Sept. 27 issued Letter No. 478/2022, clarifying the preferential VAT rate on specific medical equipment under Decree-Law No. 34/2020, the “Relaunch Decree,” which provided tax relief due to the coronavirus pandemic. A taxpayer agreed to lease specific medical equipment to a company in 2019 and supplied the goods in 2020, along with invoices showing 1 percent VAT rate….
Source: bloombergtax.com
Latest Posts in "Italy"
- Italian Tax Agency Communication on VAT Declaration Discrepancies for 2023 Tax Period
- Local Entity Reimbursements for Employee Electoral Leave Not Subject to VAT
- Italian Tax Agency to Share VAT Anomaly Data with Taxpayers and Finance Police
- Italy moves toward digital tax receipts
- Italian Tax Authorities Remove Non-EU Companies from VIES for Failing New VAT Guarantee Requirements