- Some agricultural companies face denial of VAT refunds for building photovoltaic systems.
- The denial is due to reasons related to the non-deductibility of activities involving monetized livestock farming.
- Producing renewable energy in agriculture is considered a connected agricultural activity.
- This classification is based on legal provisions from the financial law of 2007.
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"
- Italian Supreme Court Rules Non-Deductible VAT on Non-Existent Transactions Not a Business Expense
- Legislative Decree on Third Sector, Business Crisis, Sports, and VAT: Proposed Amendments to VAT Deductions
- Company in Liquidation: VAT Deduction Allowed on Late Invoices for Liquidation Activities
- Resolution No. 50: Refund of Undue VAT (Article 30-ter of Presidential Decree No. 633/1972)
- Commercial Property Conversion to Residential: VAT Deduction Adjustment Required Under Italian Tax Law