Lazio Tax Court Disregards VAT Penalties for “Non-Operating” Companies: EU Judgment Applied

• Lazio Tax Court disregarded VAT penalties for “non-operating company” rules
• Decision based on interpretation from Court of Justice of the EU
• First national ruling to apply EU judges’ judgment
• Amended tax return preferred for asserting lost tax credit
• Ruling sets precedent for challenging VAT penalties
• Importance of aligning national laws with EU jurisprudence

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.