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Significant Changes to VAT Treatment of Staff Loans and Secondments Effective 1 January 2025

  • Italian Chamber of Deputies approved an amendment changing VAT treatment of loans of staff and secondment arrangements
  • Amendment aligns Italy’s domestic law with EU rules regarding VAT treatment
  • Loans of staff and secondments will be subject to VAT, regardless of consideration amount
  • Amendment applies to arrangements effective or renewed on or after 1 January 2025
  • Taxpayers should consider potential effects on existing secondments or arrangements

Source: taxathand.com

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.

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