- Italy and the UK have a reciprocity agreement for VAT refunds following Brexit
- Agreement allows Italian and UK taxable persons to request refunds for purchases made in each other’s countries
- Agreement became effective on 7 February 2024 and applies retroactively from 1 January 2021
- Certain rules, such as the need for a local VAT representative, no longer apply due to the agreement
- Agreement resolves uncertainty with VAT refund claims for businesses in Italy and the UK
- Reciprocity agreement equalizes treatment of UK and EU taxable persons for VAT refunds in Italy
- VAT refund must be requested by filing Form VAT 79 with the tax office by 30 September of the following year
Source: bdo.global
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.
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