Legislative Decree Reforming VAT Deductions for Third Sector, Business Crisis, and Sports

• The legislative decree draft addresses changes in VAT deduction rules.
• It aims to align VAT deductions with actual use and EU standards.
• The draft proposes repealing a specific article related to VAT deduction adjustments.
• Adjustments apply to unused goods and services, with specific timelines for depreciable assets.
• The goal is to streamline the legal text by removing redundant provisions.

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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