- Agency of Revenue clarified that not all VAT credits in the TR model can be freely transferred to third parties
- Only credits requested for refund can be transferred, while those requested for compensation cannot
- Article 12sexies of the Growth Decree introduced the possibility for VAT taxpayers to transfer annual credits requested for refund
- This overcomes the previous prohibition on transferring these credits
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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