- The assignment of real estate to a shareholder is not subject to VAT if the original purchase did not involve VAT deduction.
- This principle was established by the Italian Supreme Court (ordinance no. 2786, February 8, 2026).
- Even if transformation or expansion works (with deducted VAT) were done, the exclusion from VAT applies if the taxpayer has adjusted the deduction as per legal requirements.
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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