Italian Supreme Court ratifies the value of the OECD Commentary, including the laterversions, in the practical interpretation of Italian double tax treaties.
In its recent case - law, starting from the leading case n. 36679 on 14 December 2022, the Italian Supreme Court confirms the relevance of the OECD Commentary in the interpretation of the DCT’s entered by Italy, adding that the later versions of the OECD Commentary can be used by the judges to interpret the older double tax treaties.
VAT registration: 2023 Italian Budget law’s double-checking to curb tax frauds
VAT registration in Italy is mandatory in circumstances when a non-resident taxable person is willing to sell vatable goods or services to individual customers in Italy who are not involved in business, arts, or professional activities or have no residence or permanent establishment in Italy. As an alternative, a foreign operator with no PE in Italy may register directly using the form ANR/3. After obtaining the issuance of an Italian VAT code, the foreign operator might sale in Italy taxable services and goods.
Italian input VAT refunds after Brexit: a different perspective for UK operators
On 23 June 2016, a majority of British voters supported the cessation of the United Kingdom’s membership in the European Union. After negotiations on the terms of the United Kingdom’s withdrawal from the European Union, a Withdrawal Agreement was concluded between the European Union and the United Kingdom and entered into force on 1 February 2020.