The Agenzia delle Entrate clarified that the right to deduct VAT when purchasing a property for tourist rentals remains valid even if the management is outsourced to a third party. The agency considers such properties as instrumental for business purposes, allowing the deduction of related taxes. The 10% VAT rate applies to vacation home rentals, even if managed by a third party, as ruled by the DPR 633/72. (Summary: 50 words)
Source: eutekne.info
Latest Posts in "Italy"
- Italy Considers Fuel Excise Cuts as Oil Price Surge Boosts VAT Revenues Amid Iran Crisis
- IVA 2026: Year-End Checks to Prevent Exporters’ Plafond Overruns in Annual VAT Declaration
- Italy Launches Online Service to Link Cash Registers and POS for 2026 Compliance
- Italy Clarifies POS-Cash Register Integration Rules for Bowling, Amusement, and Restaurant Activities from 2026
- Italy Clarifies VAT Rules for Milestone Payments in Intra-Community Goods Supplies













