Italy has received approval from the European Council to raise its VAT exemption threshold from 65,000 euros to 85,000 euros, a move that is expected to benefit small businesses in the country. The approval will be in place until December 31, 2024, after which the European Union will evaluate the decision.
Source GVC
Latest Posts in "Italy"
- Right to Refund of Undue VAT on Provincial Surcharge for Electricity Declared Unconstitutional
- Active and Complied Installment Plan Excludes Punishment for Omitted VAT Payment Under New Law
- VAT Exemption Also Applies to Claims Management Services, Supreme Court Rules
- VAT Exemption Also Applies to Claims Management Services, Rules Italian Supreme Court
- Italy Proposes Rome as Host City for New EU Customs Authority Headquarters
