- Agenzia delle Entrate clarified that new construction projects on urban roads can benefit from a reduced 10% VAT rate
- This applies to primary urbanization works under specific conditions
- The clarification was provided in response to inquiry number 80 dated March 25, 2024
Source: ipsoa.it
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Italy"
- Incorrect VAT Charge Under Reverse Charge Is Not Fraudulent Declaration, Rules Italian Supreme Court
- Italy Exempts Energy Community Incentive Withholdings from VAT, Says Revenue Agency
- 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
