In Italy, the Value Added Tax is referred to as the Imposta sul Valore Aggiunto (IVA) and was initiated in 1972, largely under the Presidential Decree No. 633. The EU VAT Directives have been integrated into Italian VAT regulations, with Italy being a founding member of the EU. Italian VAT laws are supported by case law and further detailed by administrative guidelines that list various VAT compliance standards. The VAT system in Italy is supervised by the Ministry of Finance.
Italy is a member state of the European Union and is required to follow the EU’s Value-Added Tax (VAT) legislation. This legislation has been standardized across the EU, including Italy, to create a level playing field for businesses and consumers across the region.
Source GVC
Click on the logo to visit the website
See also
- See Country VAT guides for other countries
- VAT Country guides of the European Union Countries
Latest Posts in "Italy"
- Is VAT Payable on Intermediation Services for the Sale of VAT Credits?
- Applicable VAT Rate for Ophthalmic Medical Devices: Classification of Eye Drops and Sprays
- Higher Income from Financial Investigations Includes VAT, Supreme Court Rules in Line with EU Law
- Simplified Notification Procedure for Metal Scrap Export: New Digital Platform from December 2025
- Supreme Court Allows VAT Deduction for Notary Firm’s Garage and Paving Construction Costs
