- Liquidation of group VAT allows for offsetting creditor and debtor situations within the same group
- More favorable effect than obtaining a refund
- Procedure can be activated from January 1st of each year
- Article written by Roberto Fanelli, a professor of business tax law at UniMarconi Roma
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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