- Extension of Reverse Charge in Logistics: The Italian Budget Law introduces reverse charge for manpower-intensive services in logistics, allowing VAT liability to be transferred to the customer. This is pending EU Council approval, but an interim option is available for customers to assume VAT payment responsibility.
- VAT on Training Services: VAT will now be charged on training services provided by qualified entities funded through a bilateral fund, clarifying previous uncertainties and setting guidelines for resolving existing disputes with tax authorities.
- Small Businesses VAT Scheme: A new cross-border VAT exemption scheme for small businesses will be implemented, allowing them to benefit from VAT exemptions on supplies of goods and services provided in other EU member states, effective from 1 January 2025.
- VAT on Online Streaming Events: Legislative changes will align Italian VAT rules with EU regulations, establishing that the place of supply for VAT on online streaming events is determined by the recipient’s location, applicable to both B2B and B2C transactions.
- Secondment of Staff: The repeal of previous VAT exemptions for staff secondments means that from 1 January 2025, secondments with cost reimbursement will be subject to VAT, although a safeguard clause protects taxpayers from retroactive challenges on past conduct.
Source EY
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