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Italy Preliminarily Approves Corrective Decree Covering the New VAT Code

Summary 

  • Italy’s Council of Ministers preliminarily approved a legislative decree containing corrective provisions for the broader tax-reform programme. 
  • The draft addresses statutory references, typographical errors and final transposition work across several consolidated tax codes, including the VAT code. 
  • The measure remains at preliminary-approval stage; the available official announcement does not set out detailed substantive VAT changes. 

Extended article 

The corrective decree covers the consolidated codes on administrative and criminal tax penalties, minor taxes, the tax judicial system, tax payments and collection, value added tax and income tax. According to the government announcement, the work is largely technical and coordinative, including updated cross-references and completion of the transposition of provisions already in force. 

Because the decree has only received preliminary approval and the public announcement provides limited VAT detail, businesses should avoid treating it as enacted or assuming operational changes until the final text is approved and published. 

Source 



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