- The Italian Revenue Agency has officially recognized the reciprocity agreement reached with the United Kingdom
- The agreement allows for mutual recognition of VAT refunds paid in both countries
- The agreement came into effect on February 7, 2024, following diplomatic exchanges between the Italian Embassy in London and the UK Embassy in Rome
- Legal conditions are in place for the reciprocal recognition of VAT refunds for purchases made by individuals established in Italy
Source: eutekne.info
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.
Latest Posts in "Italy"
- VAT Implications of Italian Fixed Establishments in Cross-Border Transactions
- Italian Supreme Court Extends Direct Tax Principles to VAT in Offshore Company Cases
- Response No. 216/2025 – VAT Treatment of Transactions Between Permanent Establishments of the Same Foreign Entity Belonging to a VAT Group in Another EU MS
- eInvoicing in Italy
- Briefing document: Italy Clarifies VAT Treatment for Transfer Pricing Adjustments: Direct Supply Links Required
