Proposal European Commission – Italy is authorized to limit the right to deduct input VAT to 40% in respect of the purchase of certain motorised road vehicles

Proposal for a COUNCIL IMPLEMENTING DECISION amending Decision 2007/441/EC authorising the Italian Republic to apply measures derogating from Articles 26(1)(a) and 168 of Directive 2006/112/EC on the common system of value added tax

Source op.europa.eu