- 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 VAT refunds is satisfied for all investment goods used for business, art, or profession over a medium to long term.
- The resolution aligns with principles from the Supreme Court ruling n. 13162/2024.
- The resolution does not detail how to submit refund requests for past purchases or manage pending procedures.
- VAT credit from depreciable goods purchased in 2024 can be claimed in the 2025 VAT model if it exceeds 2,582.28 euros.
- The refund is indicated in line VX4 of the declaration with code 4 for specific VAT refund requests.
- If the 2024 VAT declaration was submitted before the resolution, a corrective declaration can be sent to request a refund.
- VAT credit from purchases before 2024 can still be claimed in the 2025 VAT model.
- The 1990 circular states that refundable amounts include VAT on depreciable goods from previous years.
- The VAT model instructions specify that the credit must not have been previously refunded or offset horizontally.
- It is permissible to include VAT from purchases before 2024 in the refund amount in line VX4.
- The clarification aims to avoid multiple refund requests for each year.
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.
