The Court of Cassation, in ordinance no. 20909 on July 18, 2023, ruled that the VAT taxable base must include all consideration received, including any additional amounts owed by the supplier based on contractual terms. A case involved a company managing an alternative mobility system and parking lots for a municipality, where VAT refund was partially denied. The court clarified that the VAT base is unitary, and different rates cannot be applied for individual services under a single contract unless specifically identified. Administrative practice also supports applying the higher rate to an undifferentiated consideration. To benefit from different rates, the amounts for distinct services must be accurately distinguished.
Source: eutekne.info
Latest Posts in "Italy"
- Special VAT Regime for Agriculture: Rules, Eligibility, and Forfeited Deductions Explained
- Separation of Activities for VAT Refund Eligibility by Non-Resident Entities in Italy
- Italy Clarifies VAT Refunds for Spanish Companies Renting Industrial and Residential Properties
- Italy Introduces Mandatory Electronic Fiscalization for EV Charging from 2026
- VAT Deduction on Cars: Key FAQs and 2028 EU Rules Extension Explained
