- It is possible to establish multiple VAT Groups within the same international economic group. The Italian Revenue Agency focuses on the “holding period” concept and confirms that the acquisition of shares by a foreign controlling company can legitimize the creation of a new and separate VAT Group in Italy. The Agency provided clarifications on the possibility of forming distinct VAT Groups within the same international economic group and the role of the holding period when a secondary branch is established in Italy. A query was raised regarding the possibility of establishing a new VAT Group ALFA, considering the existing VAT Group BETA, both under the same economic group. The Agency clarified that the date of registration in the business register, not the date of signing or filing, determines the control relationship for the holding period.
Source: commercialistatelematico.com
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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