author_orbitax
Orbitax

Share This Article

Italy Further Extends Reduced Fuel Excise Duties and Reduced VAT Rate on Natural Gas Used for Transport

27 October 2022

|

Approved Changes

|

Italy

On 21 October 2022, Italy published in the Official Gazette the Decree of 19 October 2022 from the Ministry of Economy and Finance and Decree-Law No 153 of 20 October 2022, which extend the reduction in the excise duty rates on different fuels, as well as the reduction in the VAT rate to 5% on natural gas used for transport. The reduced excise duty and VAT rates were originally provided from 3 May 2022 until 8 July 2022 and subsequently extended to 31 October 2022. With the Decree of 19 October 2022 and Decree-Law No 153 of 20 October 2022,...