Italian Supreme Court Holds Reverse Charge VAT on Intercompany Services Only Deductible if Relevant to Taxpayer Activity
According to recent reports, Italy's Supreme Court issued a decision in February concerning the deductibility VAT on intercompany charges that was paid via reverse charge. The case concerned an Italian subsidiary that was charged for intercompany management services rendered by related entities resident in the EU.
In auditing the company, the Italian tax authority determined that there was a l…
Continue Reading