- Foreign businesses attending the Milan Cortina 2026 Winter Olympics and Paralympics may reclaim Italian VAT on eligible event-related expenses.
- Eligible claimants include organizations not established in Italy but registered for VAT in their home country (EU, UK, Israel, Norway, Switzerland).
- Refundable expenses include accommodation, food, transport, car rental, event participation costs, and locally purchased goods/services, provided they are business-related and properly documented.
- VAT refund claims must be submitted by 30 September 2027 for 2026 expenses; missing the deadline forfeits entitlement.
- Professional VAT specialists can manage the refund process, ensuring compliance, timely submission, and maximized recovery. Early preparation is advised.
Source: ayming.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.
Latest Posts in "Italy"
- Assignment of Property to Shareholder Not Subject to VAT, Rules Italian Supreme Court in 2026
- VAT Rules for Third Sector Entities: General Principles and Key Distinctions from Income Taxation
- Immediate Effects of Retroactive VAT Deduction for Year-End Invoices Under New Italian VAT Law
- Instrumentality and Relevance of Goods as Prerequisites for VAT Deduction and Refund on Vehicles
- ANC and Confimi Industria Release Joint Statement on New VAT Law Effective from 2027
