- Italian Supreme Court rulings state that the “non-operating company” regime cannot automatically restrict VAT deduction rights, except in cases of fraud or abuse.
- The updated VAT return now only requires indication of non-operating status, not its duration.
- The declaration certifying operational status for VAT refunds has been eliminated.
Source: taxathand.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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