- Assonime commented on the main changes in the 2024 VAT declaration compared to the previous year.
- Changes were made to sections VM, VO, and VW, and clarifications were provided for activity codes due to the new ATECO 2025 classification.
- The circular discusses VAT limits for shell companies, noting that the 2024 instructions do not consider a European Court of Justice ruling.
- The ruling declared certain penalties incompatible with EU directives.
- The Italian Supreme Court has disregarded these VAT limits for shell companies.
- Assonime suggests legislative action to align Italian law with European standards.
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.
