On September 6, 2011, the Italian government decided to increase the standard VAT rate from 20% to 21%. The increase has been approved by the Italian Senate and is expected to be approved in the House of Representatives by the end of this week or early next week. The increased 21% VAT rate is expected to come into force as of the day following the publication of the law in the official Journal of Italy. Note that the reduced VAT rates (currently 4% and 10%) will not increase.
Click the 'X' in the top right corner to close this window.
