On the wave 2021 – New mandatory procedure for the purposes of VAT exemption for “navigation on the high seas”
New mandatory procedure for the purposes of VAT exemption for “navigation on the high seas“
Effective 14th August 2021, the Revenue Agency has communicated the following instructions that must be followed by subjects who intend to benefit from the non-taxability for VAT purposes of the purchase of ships used for navigation on the high seas and / or of goods and services referable to same.
The legal source is the D.P.R. 633 of 26th October 1972, in part recently amended by Law number 178 of 30th December 2020… read more