Summary
- Italy’s Revenue Agency (press release No. 77) confirmed uninterrupted application of the split payment mechanism after 30 June 2026, pending Council adoption expected by 10 July 2026.
- The Commission proposal COM(2026) 281 final of 17 June 2026 derogates from Articles 206 and 226 of Directive 2006/112/EC until 30 June 2029.
- The personal scope is unchanged (public administrations and PA-controlled entities under Art. 17-ter DPR 633/1972); no impact on FTSE MIB listed companies already carved out.
Article
Italy requested a fourth extension to continue tackling VAT fraud on supplies to public administrations. The Commission’s proposal (six months shorter than Rome’s requested end-date of 31 December 2029) signals Brussels’ view that this should be the final derogation, and requires Italy to submit a monitoring report on VAT refunds to suppliers by 30 September 2027. VAT taxable persons may keep applying split payment from 1 July 2026 without interruption.
Sources
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