- Rural buildings are a category of properties with VAT benefits.
- The rural status of properties is recognized if specific requirements are met.
- The land associated with the building must be at least 10,000 square meters and registered with agricultural income.
- The minimum land size is reduced to 3,000 square meters for specialized greenhouse cultivation, mushroom farming, or intensive cultivation, and for land in mountainous areas.
- Residential buildings with certain characteristics are excluded.
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"
- CPB: Early Exemption from Compliance Visa for VAT Credit Offsetting up to 70,000 Euros
- 10% VAT Applies to Musical Entertainment Accessory to Restaurant Services, Rules Italian Supreme Court
- Deductibility of Non-Deductible Pro Rata VAT: Cash or Accrual Basis for Businesses?
- Expense Recharging Between Unassociated Professionals: VAT Rules and Invoicing Obligations Explained
- EU VAT Showdown: Is User Data a Taxable Payment for Free Digital Services?
