- SSDs are often audited for improper VAT deductions.
- SSDs are considered commercial entities but benefit from tax breaks for ASDs.
- SSDs can only deduct VAT on commercial activities, not on institutional activities.
- SSDs cannot deduct VAT on purchases related to exempt or non-taxable operations.
- SSDs cannot deduct VAT on goods and services used for non-taxable operations.
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"
- Reduced VAT May Not Apply to All Hotel Accommodation Ancillary Services, EU Judges Say
- Italy Clarifies VAT Rules for Intra-EU Goods Supplies and Milestone Payments
- Italy Approves Unified VAT Code and Updates ATECO Classification for Modernized Tax Compliance
- Italy Mandates Digital Link Between POS Terminals and Fiscal Registers Starting 2026
- Guide to POS and Fiscal Device Linkage: Procedures, Registration, Compliance, and Exemptions














