- The sale of instrumental real estate raises questions about calculating the VAT pro-rata.
- The classification of the property in financial statements does not affect its inclusion in the pro-rata calculation.
- The tax authority emphasizes the substance over form in determining VAT deductibility.
- Instrumental real estate sales do not contribute to the VAT pro-rata percentage.
- Amortizable assets are excluded from the VAT pro-rata calculation.
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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