VAT refund in case of invoice rejected by the customer: the tax cannot be recovered and remains at the expense of the person who issued the document. There is no solution for the amounts charged as compensation and not collected.
Source www.informazionefiscale.it
Latest Posts in "Italy"
- Commission Backs Italy’s VAT Derogation on certain vehicles Through 2028
- Briefing Document & Podcast: Italy’s E‑Invoicing, E‑Reporting, and E‑Transport: Scope, Timeline & Key Details
- Standard VAT Rate Applies to Hearing Aid Repairs; Reduced Rate Only for Sales, Not Services
- Italian Tax Authorities Clarify VAT Duties of Fixed Establishments in EU Contract Negotiations
- No VAT Deduction for In-House Companies Donating Works Free to Sole Shareholder Municipality
