23 December 2015
The Italian government has announced that if certain budgetary targets are not met within 2016 then there could be a gradual increase in the Italian VAT rates from 1st January 2017. The increases would include:
- The reduced 10% VAT rate being increased by three percent (from 10% to 13%) from 1st January 2017
- The standard VAT rate being increased:
- from 22% to 24% from 1st January 2017
- from 24% to 25% from 1st January 2018
LATEST NEWS
E-invoicing hub
Navigating complexity and preparing for the digitalisation of VAT and the future of tax Following compromises and modifications to the original proposal, the...
SEE MORE
LATEST NEWS
EU finance ministers agree to introduce new customs...
In November, the Economic and Financial Affairs Council (ECOFIN) agreed to introduce a customs charge on low-value parcels valued below €150. The charge...
SEE MORE
LATEST NEWS
UPDATE: Swiss government confirms likely delay for the...
The Swiss tax authorities have confirmed that the increase in the standard VAT rate from 8.1% to 8.8% will now be postponed until 2028. This VAT rate increase...
SEE MORE