The Italian Supreme Court (Cassazione) ruled in sentence n. 9662/12-April-2023 that school building restoration projects can benefit from a reduced 10% VAT rate. This rate is applicable under n. 127-quinquies of Table A, Part III, attached to DPR 633/72, as long as the building is used for purposes of collective interest. The court case involved a dispute with the tax authority over the 10% VAT rate for a school’s internal window replacement project. The ruling emphasizes that the building’s residential function or its registration in the land registry is not relevant, only its collective interest use matters.
Source: eutekne.info
Latest Posts in "Italy"
- 10% VAT Applies to Musical Entertainment Accessory to Restaurant Services, Rules Italian Supreme Court
- VAT Refund on Invoices: When Undue Tax Payments Can Be Reclaimed
- Local Authority Reimbursements for Employee Electoral Mandate Leave Not Subject to VAT
- VAT Refund Denied in Fraud Context After Contract Reclassification
- Italy’s Supreme Court Redefines Territoriality Through Substance
