On 7 February, the agreement between Italy and the United Kingdom came into force, which sanctioned the mutual recognition of VAT refunds paid in the two countries.
The Revenue Agency, with resolution no. 22 of 2 May 2024, officially took note of the agreement stipulated.
In that context, it was expressly confirmed that all the legal conditions for the recognition of the condition of reciprocity for the purposes of the payment of VAT refunds exist, in relation to purchases made:
- by subjects established in Italy in the United Kingdom;
- by persons established in the United Kingdom in the Italian territory.
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.
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