News on Italian Vat refunding procedure for EU companies

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News on Italian Vat refunding procedure for EU companies

Author: Giovanni Amendola

News on Italian Vat refunding procedure for EU companies

EU established companies  are entitled to recover Italian VAT if:

  • They are not registered or liable to be registered for VAT in Italy;
  • Do not  have residence, seat or a fixed base in Italy;
  • Have not carried on  any taxable supply of services nor goods sale in Italy.

Starting from FY 2017 it is possible to claim a Vat refund up to € 30,000 without providing any warranty; self-certifications are required above the latter amount.

In addition,  following  the ruling n° 110/2016 (November 26th, 2016) of  the Italian Tax Administration  by a specific proxy a professional third party can be appointed  to  carry on the collection of the  requested VAT amount on your behalf  and transfer it to your bank account. Our Tax professional team  is available for any further information you may need to reach your goals.

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