- The Italian Revenue Agency addressed VAT treatment for a service involving the use of a racetrack for sports events.
- The service included hospitality, catering, and organizational support.
- The service was provided by an Italian company to a non-EU company.
- The service was considered a complex service related to sports, not just a rental of property.
- The VAT exemption for sports-related services was not applicable due to the provider being a for-profit company.
- The service was deemed a complex service related to immovable property, subject to a 22 percent VAT rate.
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.
