- From January 1, 2026, the VAT base for barter transactions in Italy shifts from the “normal value” to the total attributable costs of the exchanged goods/services.
- This change may create practical uncertainties, especially when it is difficult to determine all relevant costs (e.g., self-produced goods, professional services, advertising space).
- The modification aligns Italian law with EU Directive 112/2006, which limits the use of “normal value” to specific related-party transactions.
- The new rules apply only to transactions after January 1, 2026; previous practices remain valid for earlier transactions.
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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