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Italy News - Business, Taxation & Offshore



EU Expecting COVID-19 Dent In 2020 VAT Collections

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018. Read Full Story


COVID-19: Italian Firms Allowed More Time To Pay Deferred Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, August 18, 2020

The Italian Government will allow tax payments that were deferred during the COVID-19 lockdown to be paid in instalments over a two-year period.Read Full Story


Italy To Extend VAT Split Payment Mechanism For B2G Supplies

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 31, 2020

On July 24, 2020, a Council Implementing Decision was published in the official journal of the European Union authorizing the extension of Italy's value-added tax split payment mechanism scheme, applicable to contracts with public sector entities. Read Full Story


US Businesses Urge Against Starting A Digital Tax 'Trade War'

by Mike Godfrey, Tax-News.com, Washington

Friday, July 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses.Read Full Story


Italy Explains Tax Break For COVID-19 Changes To Workplaces

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 17, 2020

On July 10, 2020, the Italian tax authority issued a ruling to explain the rules concerning tax credits for expenditure on adapting workplaces to prevent the spread of COVID-19. Read Full Story


Austria And Italy Sign Frontier Worker Tax Agreement

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 10, 2020

Austria and Italy have signed an agreement clarifying the tax rules for frontier workers who are working at home due to the COVID-19 pandemic. Read Full Story














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