Italy
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THIS WEEK
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EU strengthens cooperation to tackle cross-border VAT fraud
The Council of the European Union has reached a provisional agreement on new rules aimed at reinforcing cooperation in the fight against VAT fraud across the European Union. The initiative focuses on enhancing collaboration between Member States and key EU investigative authorities, including the European Public Prosecutor’s Office and the European Anti-Fraud Office. Direct access…
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Italy: PLASTIC TAX postponed to July 1st, 2026!
Postponed again!
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European Union: ViDA and Withholding Taxes Take a Central Stage in the Upcoming ECOFIN Meeting Agenda
ECOFIN Council Meeting of May 14, 2024 has 2 Tax related topics on Agenda
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Italy and UK reaches reciprocity Agreement on VAT Refund Claims
The agreement will have retrospective effect from 1 January 2021
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Italy’s Plastic Tax planned to come into effect on July 1, 2024 expected to be postponed again
Expected postponement for the 7th time until July 1 2026. Impacted taxpayers will have new compliance obligations, including registration,…