- The official publication on November 30 announced the definitive formation of the cross-border VAT exemption regime, effective from January 1, 2025
- The VAT decree is now enhanced with a new Title V-ter which includes
- Article 70-terdecies with general definitions and provisions
- Section II detailing the rules of the exemption regime applied in Italy by entities established in other EU member states
- Section III outlining the exemption regime applied in other EU member states by entities established in Italy
- Legislative Decree 180/2024 implements Directive 2020/285/EU, introducing simplification measures for small EU economic operators expanding their activities beyond their domestic markets
- The aim is also to prevent competition distortion arising from restricted access to exemption regimes for small non-established businesses
- There are stricter internal regulations for applying the regime in Italy compared to those required for applying the exemption in other EU countries
- A significant difference lies in the subjective scope within certain quantitative limits, as outlined in Article 70-quaterdecies, which confines the national scope
Source: eutekne.info
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.
