Italy is authorized to continue to apply split payment until 30 June 2023

On 22 June 2020, the European Commission adopted the Council proposal that extends the authorization granted to Italy for the application of the split-payment as a special measure derogating from the provisions of Directive 2006/112 / EC on VAT.

The Council has meanwhile reached political agreement on the proposed decision, which will be formally adopted and published in the Official Journal of the European Union as soon as the texts in all the official EU languages ​​are finalized.

Lo split-payment it will therefore continue to apply until 30 June 2023 to transactions carried out against public administrations and other entities and companies, in accordance with the provisions of article 17-ter of the Presidential Decree 633/1972 on the institution and discipline of the tax on value added.

Italy is authorized to continue to apply split payment until 30 June 2023

| Economics |