- From January 1, 2026, the VAT taxable base for barter transactions will no longer be determined by normal value but by the total amount of all costs related to the transfers or services.
- The change is part of the 2026 Budget Law.
- The normal value method will only apply in specific cases, such as transactions between related parties.
- The current definition of normal value is the price a buyer would pay under free market conditions.
Source: commercialistatelematico.com
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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