The Italian Revenue Agency’s opinion states that it assumes the inquirer’s representations as true and has no power of control over the facts. The inquiry concerns the application of VAT exemption for exhibitions similar to museums and galleries.
The agency clarifies that for the exemption to apply, the exhibition must have a divulgative purpose without speculative or commercial intentions. The inquirer seeks to provide a service not aimed at promoting sales, but doubts arise regarding the exhibition’s cultural and social relevance. The agency emphasizes that for the exemption to apply, the exhibition must have significant cultural and social importance.
In conclusion, the agency reminds that exemptions should be interpreted narrowly as derogations from the general VAT principle. The application of the VAT exemption requires meeting all the specified requirements.
Source: gov.it
