This revision should align with EU criteria and may include allowing taxpayers to choose the taxable status for certain operations. However, it’s important to note that EU principles require a narrow interpretation of exemptions, and any changes must adhere to these principles. The law particularly emphasizes the possible revision of rules concerning the real estate sector. While the law allows for potential changes, it must remain in line with EU regulations, which require a strict approach to exemptions.
Source: eutekne.info
Latest Posts in "Italy"
- TARI Collection Service Subject to Standard 22% VAT, Not Reduced 10% Rate, Tax Agency Clarifies
- 10% VAT on Design Services Only Within Construction Contract for Non-Luxury Collective Buildings
- Tax Authority Issues New Rules for Small Business Compliance Checks
- Cassation Rules Illegitimate to Add VAT and Direct Taxes on Inductively Reconstructed Undeclared Income
- Integration of Unique Project Code in E-Invoices for Public Incentives to Productive Activities














