Italy Extending Suspension of Sugar Tax and Reducing VAT Rate on Art, Antiques, and Collectibles
During their meeting held on 20 June 2025, the Italian Council of Ministers approved a decree-law providing a further suspension of the effective date of the sugar tax, which has been suspended multiple times. Previously suspended until 1 July 2025, the effective date of the sugar tax will now be suspended until 1 January 2026. The decree-law also provides for a reduction in the VAT rate on sa…
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