- Italy and the United Kingdom entered into an agreement on 7 February 2024 regarding VAT refunds
- UK companies not established in Italy will not submit direct claims for refunds of VAT paid on goods and services in Italy
- Instead, they will claim VAT refunds under the process set out in Council Directive (EU) 560/1986
- The agreement applies retroactively to refund claims from 1 January 2021.
Source: kpmg.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.
