- Italy’s Revenue Agency updated the VAT exemption scheme for small businesses operating across EU borders.
- The 35-working-day period for assigning the “EX” suffix now starts from when the Agency receives the taxpayer’s advance communication.
- The update clarifies the required information and timeline for accessing the VAT exemption.
- The change aligns with EU Directive 2020/285 and Italian law, simplifying the process for SMEs.
Source: regfollower.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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