Italy VAT Changes for 2015

A number of measures concerning VAT were included in Italy's Stability Law for 2015, which was approved and published in December 2014. The changes generally apply from 1 January 2015, and include:

• The application of the reverse-charge mechanism is expanded to additional service sectors including cleaning and demolition servicers, equipment installation, and immovable property completion services
• The reverse-charge mechanism applies for a period of 4 years for the transfer of allowances to e…