Italy expects to submit a report to the European Commission addressing effectiveness of the split payments regime.

 

On 25 July 2023, the European Commission granted Italy a derogation until 30 June 2026. The derogation applies to Articles 206 and 226 of the VAT Directive with EU 2023/1552  on the special measure of the common system of value-added tax.

 

The extension of the specia…

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