Law Decree no. 124 (26 October 2019) has been published in the official gazette and reflects new value added tax (VAT) measures. A.o. a broadened scope of the reverse-charge mechanism to supplies of services provided under contracts and mainly performed at the premises of the customer and input and output VAT ledgers to be provided by the tax authority on its website.
Source: KPMG
Latest Posts in "Italy"
- Italian Supreme Court Rules Non-Deductible VAT on Non-Existent Transactions Not a Business Expense
- Legislative Decree on Third Sector, Business Crisis, Sports, and VAT: Proposed Amendments to VAT Deductions
- Company in Liquidation: VAT Deduction Allowed on Late Invoices for Liquidation Activities
- Resolution No. 50: Refund of Undue VAT (Article 30-ter of Presidential Decree No. 633/1972)
- Commercial Property Conversion to Residential: VAT Deduction Adjustment Required Under Italian Tax Law
