Abolition of ONLUS Regulations May Affect VAT Exemption with Transition to Third Sector

• The EU Commission approved the fiscal regulations of the Third Sector Code.
• New rules will be effective from January 1, 2026.
• ONLUS regulations will be repealed, affecting articles 10 to 29 of DLgs. 460/97.
• The ONLUS registry will cease operations from January 1, 2026.
• Entities must apply for RUNTS registration by March 31, 2026, or remain outside the Third Sector.
• The transition will impact value-added tax considerations.

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.