The Italian Parliament has agreed to an emergency 1% rise of VAT from 17 September 2011. Though the rise was originally submitted in June 2011, and was scheduled for January 2014. But due to instability in the financial market, the government took the step immediately and raised it to 22%.
«
Previous post
Double Taxation Convention Signed between UK and Hungary
Double Taxation Convention Signed between UK and Hungary
Next post
Budget bill is changed again in Italy
»
Budget bill is changed again in Italy
Related Posts
Italy extends temporary diesel excise duty reduction through 10 September 2026
September 08, 2026
Italy’s Minister of Economy and Finance, in agreement with the Minister of Environment and Energy Security, reduced
Read More
Italy confirms single economic zone tax credit for pre-notification leased equipment
September 04, 2026
The Italian Revenue Agency announced the issuance of Response no. 169 on 3 September 2026, in which it ruled that
Read More Italy: Revenue Agency introduces automatic VAT settlement for unfiled returns
September 03, 2026
Italy’s Revenue Agency has published implementation rules for a new automatic VAT settlement process introduced by
Read More
Italy confirms tax exemption for business transferees after failed restructuring
September 02, 2026
The Italian Revenue Agency clarified on 1 September 2026 that a business transferee retains full tax exemption even
Read More
Italy extends reduced diesel and biodiesel excise rates through 5 September 2026
August 28, 2026
Italy has extended reduced excise duty rates on diesel fuel, gas oil and biodiesel for the period from 27 August to 5
Read More Italy gazettes postponement of EUR 2 administrative handling fee on low-value imports
August 28, 2026
Italy has published Law No. 152 of 7 August 2026 in the Official Gazette, which converts Decree-Law No. 107 of 26 June
Read More