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 special measures for the split payment regime was granted with one exception, to honor Italy’s commitment to gradually phasing out this special measure. From 1 July 2025, the scope will be restricted and exclude supplies of...