- The Italian Revenue Agency published a new regulation on December 30, 2024, implementing a cross-border VAT exemption regime
- This regulation, numbered 460166, was introduced by Legislative Decree 180/2024
- The European directive 2020/285/EU aimed to simplify procedures for small businesses to reduce administrative burdens and support their growth and development in cross-border trade
- The directive was required to be adopted by December 31, 2024
- The legislative change is included in Title V-ter of the VAT Decree (DPR 633/72) allowing small businesses to benefit from these new provisions
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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