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New decree law approved for containment of energy costs: 5% VAT rate for methane gas supply will be extended

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

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