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VAT Exemptions for Free Transfers to Municipalities: Clarification by Revenue Agency

  • Exemptions from VAT for free transfers to municipalities by companies with building permits
  • Exclusions apply to transfers of urban areas and works in urbanization
  • Transfers must be made in exchange for urban development contributions or in accordance with subdivision agreements
  • Clarification provided by the Revenue Agency in response to inquiry no. 92 on April 16, 2024

Source: ipsoa.it

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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