- The resolution n. 20/2025 legitimizes the right to refund VAT paid on third-party goods, even if these goods are not depreciable.
- The condition for accessing VAT refunds is satisfied for all investment goods used for business, art, or profession over a medium to long period.
- The resolution does not detail the procedures for refund requests for past purchases or pending proceedings.
- VAT credit from depreciable goods for 2024 can be requested for refund in the 2025 VAT model if it exceeds 2,582.28 euros.
- In the VAT model, line VX4 is used, indicating code 4 for refund requests under specific conditions.
- If the 2024 VAT declaration was submitted before the resolution, a corrective declaration can be sent to request a refund.
- Refund requests for purchases before 2024 can still be made using the 2025 VAT model.
- The 1990 circular states that refundable amounts include VAT on depreciable goods from previous years.
- Instructions specify that the credit must not have been previously refunded or compensated horizontally in the F24 model.
- It is permissible to include VAT from purchases before 2024 in the refund amount in line VX4 of the declaration.
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.
