The entry into force of the VAT Code and the law enacting the Special Consumption Tax, originally scheduled for 1 July 2019, has been officially postponed, as per Provisional Presidential Legislative Decree No. 1/19, of 28 June 2019. The application of VAT and the Special Consumption Tax will be suspended until a new date for their entry into force is approved.
Should you wish to receive more detailed comments on the impact of this postponement, notably with regard to Consumption Tax and Stamp Duty, please let us know.
Should you wish to receive additional information on this alert, please contact: