- Travel agencies using the special regime under art. 74-ter of DPR 633/72 may face difficulties in managing purchases subject to reverse charge
- Services related to structures in Italy or air transport services may be subject to reverse charge if the provider is a non-resident
- Agencies may receive invoices without VAT and must pay the tax through reverse charge
- The debtor of the tax is the client, who must integrate the invoice with the tax amount and rate, or issue a self-invoice in case of non-EU suppliers
- The reverse charge mechanism is financially neutral for subjects without deduction limits
- Travel agencies determine VAT on resale of packages or tourist services using the “base to base” method
- The “base to base” method requires distinguishing operations subject to it from others.
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.
