- Invoices issued at the end of the year follow specific rules for VAT deduction
- The right to deduct VAT arises when the tax becomes due
- Invoices must be registered before the periodic settlement for VAT deduction
- Retroactive deduction of VAT is possible if the invoice is registered by the 15th of the following month
- VAT from invoices received in January for transactions in the previous year is not deductible in December
- The tax reform may introduce changes to allow deduction of VAT for invoices received in January for transactions in the previous year, but this has not been implemented yet
Source: commercialistatelematico.com
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.
