Consumption has not yet recovered from the pandemic crisis of Covid but the VAT revenue in the first half of 2021 has recovered thanks to the purchases of durable goods that they have kept and the increase in digital payments that offset the expenses in services (shops and restaurants) where the tax is lower and tax evasion is higher.
Source: ruetir.com
Latest Posts in "Italy"
- Re-emergence of VAT Credit After Regularizing Missed or Insufficient Periodic Payments in Annual Return
- 10% VAT Rate for Medical Devices Classified as Medicaments, Confirms Tax Agency
- VAT Exemption Limited to Direct Transfer of Shares, Rules Italian Tax Agency
- VAT Credit Offset: Increased 70,000 Euro Threshold for High ISA Score Taxpayers in CPB
- No VAT Exemption for Non-Essential Laundry Services in Nursing Homes, Tax Agency Confirms
