|Author (Corporate)||Council of the European Union|
|Series Title||Official Journal of the European Union|
|Series Details||L 305|
Council Implementing Decision of 8 November 2016 authorising Italy to continue to apply special measures derogating from the provisions of the VAT Directive.
By Decision 2007/441/EC, Italy was authorised, until 31 December 2010, to limit the right to deduct VAT charged on expenditure on certain motorised road vehicles not wholly used for business purposes to 40%. Decision 2007/441/EC was subsequently amended by Decision 2010/748/EU and Decision 2013/679/EU, which extended the expiry date of the derogating measures to 31 December 2016.
In March 2016, Italy requested authorisation to extend the derogating measures. The information provided by Italy shows that a restriction of the right of deduction to 40% still reflects current circumstances as regards the ratio of business to non-business use of the vehicles concerned. Italy should therefore be authorised to continue to apply the derogating measures for a further limited period, until 31 December 2019.
|Subject Tags||Value Added Tax [VAT]|
|Countries / Regions||Italy|
|International Organisations||European Union [EU]|