Recovering VAT Deduction with the Use of Supplementary Declaration

The Italian tax agency has clarified the conditions for exercising the right to deduct VAT through a supplementary declaration.
The agency confirmed that a supplementary VAT declaration can be used if the taxpayer did not exercise the right to deduct the tax in a timely manner, despite receiving and registering the purchase invoice.
The case examined involved a taxpayer who had already paid the deducted VAT to the tax authorities through periodic settlements.
The taxpayer now wants to recover the deducted VAT through a supplementary declaration.
The tax agency’s response confirms that this is possible in cases where the taxpayer made an error in not exercising the right to deduct the tax in a timely manner.

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.