- The 40% flat-rate VAT deduction for the purchase, rental, and leasing of motor vehicles used for mixed purposes is extended until 2028.
- This is the sixth extension, authorized by EU Council Decision 2025/2529.
- The deduction does not apply to vehicles provided for employees’ use.
- The authorization is valid for three years and covers VAT on vehicle purchase, import, and related management expenses.
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.
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