Italy published the Decree of 21 March 2022 from the Ministry of Economy and Finance in the Official Gazette on 14 April 2022. The decree approves synthetic indexes of taxpayer reliability (indici sintetici di affidabilità fiscale, ISA) for 88 economic (business) activity categories. ISA is a system for assessing the level of compliance (reliability) of a taxpayer. A higher rating results in additional benefits such as simplified administrative procedures, faster VAT refunds, and shorter deadlines or exclusions from some tax controls.
Source Orbitax
Latest Posts in "Italy"
- VAT Deduction Rights for Renewable Energy Plants Used by Subsidiary Companies
- Italy VAT Groups: Deadline Approaching for 2026 Registration Applications
- Italy Maintains 6.4% VAT Compensation for Wood Products Through 2025, Effective January 2024
- Rural Buildings: VAT Benefits and Conditions for Property Classification
- Deadline for EU and Non-EU VAT Refund Requests for 2024 Set for September 30
