- The legislative decree on the third sector, business crisis, sports, and VAT was approved by the Council of Ministers and is under parliamentary review.
- It includes detailed changes regarding VAT deductions.
- The measures implement the fiscal reform law, awaiting broader VAT intervention.
- The law mandates revising deduction rules to align with actual use and harmonize deductibility criteria.
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"
- Italy: Mortgage Tax on Assignment of Properties to Public Entity During Fund Liquidation
- Italy: VAT Reverse Charge for Biomethane Reseller Ruling
- Italy: Reverse Charge Applies to Biometane Resale Purchases
- Italy Clarifies VAT Refunds for Demolition and Remediation Works
- Italy Approves Legislative Decree Implementing Initial ViDA Measures














