VATupdate
italy

Share this post on

Italian Tax Agency Updates VAT Form: New Instructions for TA and TB Sections

  • 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.

Sponsors:

VAT news
VATIT Compliance
Pincvision

Advertisements: