The Italian tax authority has clarified that VAT refunds are possible for invoices where the tax was mistakenly applied, specifically when tax audits reclassify contractual relationships from a service requiring VAT to a different type that doesn’t. This exceptional remedy, governed by Article 30 ter of the VAT decree, applies only when standard corrective measures, such as issuing credit notes, are impossible to use. Critically, refunds are not permitted to circumvent deadlines missed due to the taxpayer’s own negligence or inaction. However, a refund is allowed if the taxpayer was unable to act due to circumstances genuinely beyond their control.
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.
Latest Posts in "Italy"
- 2026 Budget Law: New Criteria for Calculating VAT Taxable Base in Barter Transactions
- Italy Proposes Automatic VAT Settlement for Missed Returns with Penalties and Early Payment Discounts
- Split Payment Exclusion for Compensation and Barter Transactions with Public Administrations
- VAT Deductibility During Company Liquidation: Recent Guidance from the Italian Revenue Agency
- Intragroup VAT Offsetting: Guarantee Requirement Applies Only From When Guarantee Is Provided
