The Italian government has communicated its intention to exclude NFTs from VAT, making them more affordable for artists and collectors. This was announced in a consultation by Agenzia delle Entrate dated June 15, 2023, which also discussed NFT sales by crypto artists in detail.
- What you need to know
- Why is this a big deal?
- First of many
Source: Medium
Latest Posts in "Italy"
- VAT Refund Cannot Be Denied Due to Technical Issues Making Application Unreadable, Court Rules
- VAT Exemption for Police Training Courses: Rules and Exceptions Explained by Tax Authority
- VAT Deduction Allowed Even If Intra-EU Invoice Arrives Late, Court Rules
- Italy Allows SPVs to Recover Input VAT on Merger Leveraged Buyout Transaction Costs
- Italy: Supreme Court Confirms VAT Refund from Treasury for Long-Term Insolvent Customer Debts
