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Public-Private Partnership Concession Contract: VAT Implications on Property Transfer Under Legislative Decree 36/2023

  • The taxpayer division and central direction for individuals and non-commercial entities issued a response regarding a concession contract within a public-private partnership.
  • The inquiry involves the relevance of property alienation for VAT purposes under a specific legislative article.
  • The municipality began evaluating an urban redevelopment project in 2015 using a public-private partnership.
  • In 2018, Company X proposed a partnership based on a concession contract.
  • The proposal was deemed feasible and included in public works planning.
  • A temporary business network, including Company Y and proposer X, won the bid.
  • In 2024, a concession contract was signed with Company Y for project design, execution, and management.
  • The concession includes the renovation of five existing municipal buildings, with some returning to municipal ownership after completion.
  • One building will be partially transferred to Company Y for commercial use.
  • Six new buildings are planned for construction.

Source: agenziaentrate.gov.it

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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