- Companies involved in building renovations or conservative restoration benefit from a reduced 10% VAT rate. This applies to services and goods provided under contracts for these projects, as well as subsequent sales of the renovated buildings. The 10% VAT rate for building sales requires specific subjective and objective conditions.
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"
- Italian Tax Agency Communication on VAT Declaration Discrepancies for 2023 Tax Period
- Local Entity Reimbursements for Employee Electoral Leave Not Subject to VAT
- Italian Tax Agency to Share VAT Anomaly Data with Taxpayers and Finance Police
- Italy moves toward digital tax receipts
- Italian Tax Authorities Remove Non-EU Companies from VIES for Failing New VAT Guarantee Requirements
