- Import VAT becomes a customs duty with the new national customs law reform.
- Currently, import VAT is considered an internal tax subject to rates set by each EU member country.
- The change aligns import VAT with customs duties.
- There will be significant changes for indirect customs representation.
- The EU Court of Justice has ruled that national legislators must decide if the indirect customs representative is also responsible for import VAT, in addition to duties.
- The new reform rules follow this direction.
Source: ipsoa.it
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.
Latest Posts in "Italy"
- VAT Refund Cannot Be Denied Due to Technical Issues Making Application Unreadable, Court Rules
- VAT Exemption for Police Training Courses: Rules and Exceptions Explained by Tax Authority
- VAT Deduction Allowed Even If Intra-EU Invoice Arrives Late, Court Rules
- Italy Allows SPVs to Recover Input VAT on Merger Leveraged Buyout Transaction Costs
- Italy: Supreme Court Confirms VAT Refund from Treasury for Long-Term Insolvent Customer Debts
