- The VE section of the 2025 VAT declaration summarizes active operations that contribute to the business volume.
- It includes all sales of goods and services, registered or subject to registration, for a calendar year.
- It also includes operations with deferred VAT liability and non-taxable operations with invoices issued.
- It excludes:
- Sales of depreciable assets
- Sales of industrial patent rights, intellectual property rights, and concessions
- Sales of trademarks
- Internal transfers between separate accounts
- Operations performed in previous tax periods but with tax due in the current year.
- The VE section is divided into five sections:
- Section 1: Agricultural product contributions and sales by exempt farmers
- Section 2: Taxable agricultural operations and taxable commercial or professional operations
- Section 3: Total taxable amount and tax
- Section 4: Other operations
- Section 5: Total business volume
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.