Italy

TAX MAG: VAT news in Europe

Keep up with the latest Intra-Community and European VAT news, decoded by our experts.

Focus: Italy

Slovenia: VAT Group

Starting January 1st, 2026, Slovenia plans to introduce the possibility of a single VAT return for affiliated companies (VAT group scheme).
Country Briefs
19 December 2024

Italy: virtual events

Decree 180/2024, published on November 30, 2024, introduces new territoriality rules for events held virtually. These provisions align Italian law with Directive 2022/542/EU.
Country Briefs
4 December 2024

Italy: virtual events

Decree 180/2024, published on November 30, 2024, introduces new territoriality rules for events held virtually. These provisions align Italian law with Directive 2022/542/EU.
Country Briefs
4 December 2024

Italy – Extension of the reverse charge mechanism until 2026

Article 17 of Presidential Decree n°633 of 26/10/1972 provides that the following goods and services are subject to the reverse charge mechanism when they meet certain criteria Sales of video game consoles, tablets, laptops, Integrated circuit devices (microprocessors and CPUs) Greenhouse gas emission allowance transfers Energy (gas and electricity) Certain subcontracting services in the construction...
Country Briefs
26 June 2022

Italy – New tool to check supplier/customer information using an Italian VAT number

The Italian tax authorities have made a new tool available, allowing sellers to audit and control supplier/customer information provided they have an Italian VAT number. By entering the Italian VAT number of a supplier/customer into this tool, the operator obtains the following information: status – active, suspended (in case of a business lease), discontinued The...
Country Briefs
18 August 2021

Italy – VAT Rate Increase in 2021 and 2022

The Italian government recently announced that if certain budgetary targets are not met by 2020, it will implement a number of VAT rate increases. This includes: an increase in the reduced rate from 10% to 12% from 1st January 2021 an increase in the standard rate from 22% to 25% from 1st January 2021 and...
Country Briefs
16 July 2021

Italy – Clarification of the Right to Deduct VAT

The Italian tax authorities have recently clarified the right to deduct VAT incurred on the importing of goods. According to this statement, the VAT debtor is the owner of the goods and not the customs agent who acts as an indirect representative. In this context, the right to deduct import VAT belongs to the person...
17 April 2020
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