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Italy Extends Reduced VAT Rate for Natural Gas Consumption Until December 2023

  • Italy has extended the reduced VAT rate of 5% on natural gas for civil and industrial purposes.
  • The extension was published in Decree-Law No. 131 of 29 September 2023.
  • The reduced rate was previously extended for natural gas consumed in July, August, and September 2023.
  • The extension now includes natural gas consumed in October, November, and December 2023.
  • The Decree-Law came into effect on 30 September 2023.

Source: orbitax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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