- The Italian Ministry of Economy and Finance published a decree setting the VAT compensation rate at 6.4% for agricultural producers selling wood and firewood for 2024 and 2025. This confirms the rates from 2020 to 2022, as per Article 1, paragraph 662 of Law 145/2018. No decree was issued for 2023, so a 2% rate applies. The decree specifies rates for products listed in Table A, Part I of DPR 633/72, including firewood and simply squared wood. These rates allow agricultural producers to determine VAT deductions for agricultural and fishery products.
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.
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