Italy Tax Agency Clarifies VAT Application for Sums Exchanged Under Co-Interest Contract

The Italian Revenue Agency March 19 issued Principle of Law No. 3/2025, clarifying the VAT application for sums exchanged between two operators under a co-interest contract. The Tax Agency clarified that the sums exchanged between two operators within a co-interest contract, which represent money transfers, aren’t within the VAT application scope and must be considered out of scope transactions under Article 2(3)(a) of the VAT Decree. [Italy, Revenue Agency, 03/19/25]

Reference:
View Principle of Law No. 3/2025. View Index.