- Payment qualifies as compensation if there is mutual conditioning
- For personnel secondment or loan contracts from January 1, 2025, only cost reimbursement is no longer exempt from VAT
- Article 16-ter of DL 131/2024 repealed the provision that allowed VAT exemption
- This change follows the EU Court of Justice ruling on March 11, 2020, case C-94/19
- Services from contracts after January 1, 2025, are subject to standard VAT rules
- The Italian Revenue Agency provided clarifications in circular no. 5/2025 regarding the tax’s scope
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"
- No VAT Relief for Milano-Cortina 2026 Winter Olympics: Standard Rules Apply
- Applicable VAT Rate for Food Supplements Classified Under NC Code 21069092 in Italy
- Italy Updates VAT Exemption Rules for SMEs Operating Across EU Borders, Streamlining Compliance
- 10% VAT Rate Applies to Food Supplements Classified Under Code 210690, Confirms Tax Agency
- Protective Shields Against Radiation Not Eligible for 5% VAT, Must Apply Standard 22% Rate
