The tax authority on 9 May 2023 published Ruling no. 314/2023, which states that the effects of UK value added tax (VAT) groups are not recognized for Italian VAT purposes beginning 1 January 2021.
This ruling reverses the tax authority’s previous position, expressed in Ruling no. 756/2021, which stated that UK VAT groups were still recognized post-Brexit.
Source: KPMG
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