- The draft legislative decree on the Third Sector, sports, and VAT includes changes to Article 19-ter of DPR 633/72 regarding VAT deduction for non-commercial entities.
- The changes do not alter the substance of VAT deduction but aim to improve the clarity and coherence of the law.
- The revision emphasizes the use of “objective criteria” to determine the deductible VAT portion in cases of mixed-use purchases.
- The goal is to align the regulation with national and EU principles and ensure consistent application.
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.
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