Tax Planning International: Italian VAT Simplification

In January 2010, the Italian tax authorities introduced the reverse charge on VAT for the sale of goods by foreign companies within Italy.  The implications for the unprepared will be serious given the potentially long cash flow delays.  Sonia Piazzoni, TMF Milan, explains the details.

please download the PDF by clicking here

See also www.tmf-vat.com/european-vat for further analysis

 

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