- The delay in receiving an invoice does not penalize businesses regarding their right to VAT deduction.
- The Italian beneficiary of a “transparent” foreign trust is not required to pay IVAFE.
- The EU Court of Justice confirmed that the right to VAT deduction is not lost due to late invoices.
- Updates include the suppression of certain INPS contribution codes, new Sport Bonus admissions, record results in tax recovery, and new guidelines for social taxonomy.
- The annual law for SMEs focuses on workplace safety, and accountants have approved the 2025 financial statements and scheduled supplementary elections for 2026.
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.
Latest Posts in "Italy"
- Pro Rata VAT: When Alternative Criteria Are Allowed Over the Ordinary Method According to Cassation
- When Is an Intra-EU Discount Considered a VAT Barter Instead of a Commercial Discount?
- Italian Businessman Arrested for Laundering VAT Fraud Proceeds in EPPO Venice Investigation
- Public Entity’s VAT Liability Persists Despite Management Delegation and Public Law Status
- VAT refund opportunities until 9 August 2026 for transaction costs in merger-leveraged buyout transactions
