Italy has been granted authorization to extend the implementation of the split payment mechanism until June 30, 2026. However, companies listed on the FTSE MIB index of the Italian Stock Exchange will be excluded from the scope of the payment split starting from July 1, 2025. This proposal is part of the decision presented by the European Commission to the Council of the European Union.
Source: eutekne.infoFraud / Tax evasion,Liability (reverse charge/withholding)
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