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30 January 2018
Referring to the ICE (Italian Commercial Exemption) introduced in Italy with Resolution N° 2/E on January 12th 2017, that grants to Commercial Yachts to obtain the VAT exemption, has been further clarified by Italian Tax Authority with the Resolution N° 6/E on last January 16th (Resolution N° 6/E 2018) the correct application.
Here attached you will find the document issued by our VAT consultant Ezio Vannucci (Moores Rowland Partners), containing comments on the new rules for a prompt and correct application.
SOS Yachting is available to provide further assistance. Stay tuned!