Italy VAT Split-Payment System Approved by EU Commission
On 12 June 2015, the European Commission issued a proposal for a Council Implementing Decision authorizing Italy to introduce a special measure derogating from Articles 206 and 226 of the VAT Directive (2006/112/EC).
The special measure is the introduction of a split-payment system for goods and services supplied to Italian public bodies, including government bodies, public hospitals and univ…
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