- Additional charges determined by the judge may require price adjustment.
- The Italian Revenue Agency examined the VAT relevance of sums paid as price adjustments in a contract.
- When the sum paid corresponds to additional direct and indirect costs incurred by the service provider, it is considered a supplementary fee.
- This supplementary fee increases the VAT taxable base.
- The case involved a construction contract where work was repeatedly suspended due to changes requested by the client.
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"
- VAT Refund Denied in Fraud Context After Contract Reclassification
- Italian Tax Agency Establishes Code 66 for VAT Logistics Solidarity Responsibility
- VAT Group Liquidation: Parent Company Responsibilities for Tax Calculation and Payment
- EPPO Uncovers €20 Million Agricultural Fraud Scheme in Italy Linked to Organised Crime
- Resolution on Reverse Charge in Logistics Sector: New VAT Payment Code “66” Established