The Italian Official Gazette Sept. 16 published a decree maintaining the 6.4 percent compensation percentage for 2024 and 2025, for specified supplies of wood and firewood products under the VAT flat-rate deduction regime. The decree includes measures maintaining the rate for the product groups of: 1) firewood in logs, chunks, twigs, or bundles, and wood scraps, including sawdust; and 2) wood merely squared, excluding tropical wood. The decree entered into force Jan. 1, 2024, and remains in effect until Dec. 31, 2025. [Italy, Official Gazette, 09/16/25]
Reference:
View Decree of 08/06/25, Official Gazette No. 215 of 09/16/25. View Gazette ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.