Tax Authority Clarifies VAT Rules for Former ONLUS Pending Application; Invoice Corrections Required if Denied

• If the application for adhesion is denied, issued invoices must be corrected.
• The Italian Revenue Agency provided important clarification regarding the VAT regime for former ONLUS organizations awaiting submission.
• The clarification was given during a videoconference held yesterday.

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.

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