- The Supreme Court has definitively resolved the issue of refunding VAT on renovation works on properties owned by third parties
- The right to deduct VAT on interventions on third-party properties is undisputed
- There was a dual orientation on the possibility of refunding deductible VAT, which was resolved by the Supreme Court
- The Supreme Court ruled that businesses have the right to VAT refund for renovation works on properties they do not own but hold for personal enjoyment
- Previous rulings led to the question being referred to the Supreme Court, highlighting the equivalence of the right to deduction and the right to refund of VAT
Source: eutekne.info
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.
Latest Posts in "Italy"
- Italian Supreme Court Clarifies Double Time Limit for Sanctions in Reverse Charge VAT Cases
- Italian Revenue Agency Clarifies VAT Reverse Charge Eligibility for Gold Materials as Finished Products
- Italian Revenue Agency Clarifies Input VAT Deductions for Liquidation-Related Services in Letter No. 251/2025
- Italian Company in Voluntary Liquidation Can Deduct VAT on Purchases Despite Exempt Activities
- Italy’s Law 207/2024 Grants Tax Benefits for Asset Transfers to Shareholders