The Italian Budget Law for 2025 (Law No. 207 of 30 December 2024) was published in the Official Gazette on 31 December 2024 which introduces a new value added tax (VAT) reverse charge mechanism specifically for transport, handling, and logistics companies.
Earlier, Italy enacted Law No. 207 of 30 December 2024, outlining the 2025 State Budget and the multi-year financial plan for 2025-2027.
The Law came into effect on 1 January 2025.