- Italian Revenue Agency issued Letter No. 52/2024 clarifying VAT obligations
- Company incorporated outside VAT group sought clarification on annual VAT return
- Surviving company must submit VAT on behalf of merged companies
- Merger involves universal succession of surviving company in legal positions of merged companies
- Surviving company takes over subjective positions of merged companies from date of merger
Source: news.bloombergtax.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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