- The draft legislative decree for a consolidated VAT Code (TU IVA) in Italy is in the final approval stage as of 24 October 2025.
- The TU IVA aims to reorganize and consolidate existing VAT rules into a single, coherent legislative text.
- The new code will renumber articles and restructure VAT law provisions, mainly consolidating rules from Presidential Decree No. 633/1972 and Decree-Law No. 331/1993.
- Most existing provisions will be transposed without substantive changes, except for necessary formal or systematic adjustments.
- The TU IVA is expected to take effect on 1 January 2026, though a postponement to 31 December 2026 is being considered.
Source: taxathand.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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