VAT – The Draft Framework includes guidance aimed at revising the domestic VAT rules for a better alignment with the applicable EU law provisions and EUCJ judgements with reference, among others, to VAT exempt transactions, VAT recovery, VAT rates and the VAT grouping.
Source EY
Latest Posts in "Italy"
- Italian Tax Agency Confirms Exclusion of Asset Sales from VAT Deduction Pro Rata Calculation
- Italy’s e-Invoicing System Offers Key Lessons
- Impact of Invoicing Without Payment: Understanding the Principle of VAT Formality
- Deadline Extended for Issuing Credit Notes in Insolvency Proceedings, Clarifies Italian Tax Agency
- Cultural Services Exempt from Taxation: Guided Tours Qualify, Bridge Crossing Does Not