If at the time of the transfer the Property can actually be classified in the cadastral category F / 2, on the basis of objective elements that certify its state of affairs, such as pertinent and datable photographic documentation as well as specific technical reports, possibly certified, which offer one faithful representation also of the status quo ante, this transaction does not fall under the VAT exemption regime, but in the ordinary taxable one with the application of VAT to the extent of 22 percent.
Sources:
Latest Posts in "Italy"
- Re-emergence of VAT Credit After Regularizing Missed or Insufficient Periodic Payments in Annual Return
- 10% VAT Rate for Medical Devices Classified as Medicaments, Confirms Tax Agency
- VAT Exemption Limited to Direct Transfer of Shares, Rules Italian Tax Agency
- VAT Credit Offset: Increased 70,000 Euro Threshold for High ISA Score Taxpayers in CPB
- No VAT Exemption for Non-Essential Laundry Services in Nursing Homes, Tax Agency Confirms
