The Council of Ministers approved a decree law aimed at containing bill costs resulting from price increases in the electricity and natural gas sector. The 5% VAT rate for methane gas supply will be extended, and tariff components for gas sector system charges will be maintained at zero for the third quarter of 2023. Additional benefits are provided for economically disadvantaged and medically vulnerable domestic customers, and the deadline for the payment of substitute tax on profits and reserves distributed by foreign companies to fiscally resident shareholders in Italy is deferred to September 30, 2023
Source: eutekne.info
Latest Posts in "Italy"
- VAT Implications of Italian Fixed Establishments in Cross-Border Transactions
- Italian Supreme Court Extends Direct Tax Principles to VAT in Offshore Company Cases
- Response No. 216/2025 – VAT Treatment of Transactions Between Permanent Establishments of the Same Foreign Entity Belonging to a VAT Group in Another EU MS
- eInvoicing in Italy
- Briefing document: Italy Clarifies VAT Treatment for Transfer Pricing Adjustments: Direct Supply Links Required