- The VAT regime for property undergoing demolition depends on the parties’ agreements regarding the works.
- The Court of Cassation clarified this in order no. 3968 of 23 February 2026.
- The exemption’s applicability is determined by these agreements when transferring land with buildings intended for demolition.
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.
Latest Posts in "Italy"
- New VAT Rules for International Goods Transport: Tax-Free Regime and Regulatory Updates for 2026
- Coordinating Li.Pe. and Voluntary Disclosure: VAT Return Options, Deadlines, and Penalty Reductions
- Digital VAT Controls in the EU: New Compliance Challenges for Cross-Border Business in 2025
- Italian Supreme Court Rules on VAT for Land Sales with Buildings Set for Demolition
- Public Law Associations Providing Paid Services Are VAT Taxable, EU Court Rules
