- Assonime issued Circular No. 16 commenting on the new VAT rules for barter/exchange transactions under Article 1 of DL 38/2026, converted into Law 88/2026.
- For these transactions, the VAT taxable base is set by the parties.
- The contractually agreed value, however, cannot be lower than the cost.
Source: eutekne.info
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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