Italian tax office publishes guidance on VAT treatment of goods in the event of a no deal Brexit scenario

10 May 2019

Italy published guidance relating to the VAT treatment of goods sold between the UK and Italy in the event of a no deal Brexit.

This guidance states that in the event of a no-deal scenario, movements of goods between the two countries will no longer be treated as zero-rated intracommunity movements. Instead, they will be treated as exports and imports from and to the EU, and as a result subject to customs inspections, declaration and tariffs.

LATEST NEWS

Ireland to introduce postponed accounting for import...

The Irish government have confirmed that a postponed accounting facility will be implemented for import VAT post-Brexit.  This new mechanism will allow all...

SEE MORE
LATEST NEWS

Belgium force UK companies to engage a fiscal...

The Belgium tax authorities are contacting UK traders who hold a Belgium VAT account to inform them that they have a requirement to appoint a fiscal...

SEE MORE
LATEST NEWS

Fiscal representation not required in France for UK...

The French tax authorities have confirmed that UK businesses will not have a requirement to engage a fiscal representative when the Brexit transition period...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.