The article discusses changes in fiscal delegation laws allowing taxpayers to deduct VAT from invoices for transactions made in the previous year or when the related tax becomes due. This modification aims to overcome limitations in the current year-end invoice regulations but may conflict with EU Court rulings. The EU Court has stated that VAT deduction rights should align with the period when both invoice possession and the right to deduction coexist. The goal is to rectify the current rule preventing deduction when tax becomes due and only permitting deduction upon invoice receipt by aligning it with the year when the invoice is received.
Source: ipsoa.it
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