The Italian tax authorities explain the VAT treatment of a transaction involving the sale of lithoid material by the Region to a company that won the contract for the construction of a flood bank. The tax authority ruled that the transaction should be treated as a “permuta,” a type of barter transaction, and that both the sale of the material and the construction services should be subject to VAT. The tax authority also clarified the conditions for determining whether the Region is acting as a public authority or a private operator, which affects the VAT treatment of the sale of the lithoid material.
Source: eutekne.info
