- The Italian Revenue Agency updated the IVA TR model and its instructions on March 21.
- Changes focus on how to indicate VAT rates and compensation percentages in sections TA and TB.
- Two specific codes were introduced for taxpayers exempt from providing guarantees on VAT refunds up to a certain limit.
- The IVA TR model is for taxpayers with a deductible tax surplus over 2,582.28 euros in the quarter.
- Taxpayers can request a refund or use the surplus.
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.