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Italy VAT Changes for 2015

|Approved Changes|Italy
Italy

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…

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