Unofficial translation
Revolution for VAT rates: the Draghi-Franco tax reform, launched on Oct 5, 2021 by the Council of Ministers, will focus in particular on tax measures and on the basket of products subject to preferential taxation (reduced VAT rates), with the aim of simplifying taxation, counteract erosion and evasion and increase efficiency in harmony with EU rules.
Source italiaoggi.it
Latest Posts in "Italy"
- Italy Introduces Consolidated VAT Code, Effective January 2027, to Streamline and Modernize Compliance
- Intra-EU Purchases and Domestic Sales of New Vehicles: VAT and Reporting Requirements Explained
- VAT Adjustment Note Allowed in Simplified Composition with Creditors, Palermo Court Rules
- Presumed 50% Split of VAT Fraud Proceeds: Supreme Court Clarifies Burden of Proof in Tax Cases
- Revenue Agency Extends Online Assistance to VAT Taxable Persons Through 2026
