- VAT refunds over €30,000 generally require a financial guarantee; alternatively, the refund claim can be filed with a compliance seal on the annual VAT return or, where applicable, the signature of the statutory auditor/revisor.
- The guarantee-free route is unavailable to taxpayers with specified risk profiles under Article 38-bis(4) DPR 633/72 (e.g., cessation of business or certain tax assessments issued in the last 2 years above set thresholds).
- For most taxpayers, a self-declaration is also required confirming conditions such as no more than a 40% reduction in equity, no excessive reduction in real estate assets, no cessation/reduction of activity due to business transfers, and payment of social security/insurance contributions.
- Companies using simplified accounting under Articles 18 and 19 DPR 600/73 do not have to certify the equity-reduction condition, because they are not required to prepare a full balance sheet; the tax authority has clarified that this requirement applies only to ordinary accounting taxpayers.
- Taxpayers with negative net equity cannot access the no-guarantee VAT refund regime, since the rule presupposes a positive equity value.
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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