Value added tax in Italy
The Italian government introduced a value added tax (also known as VAT) as early as 1972, with the local name in Italian “Imposta sul Valore Aggiunto (IVA)”. The Italian officials also decided to present the VAT directives and other initiatives developed by the European Union, where Italy is a founding member.
Italian VAT rules can be found in VAT laws and other legal acts, which are constantly reinforced by judicial precedents. The local tax office also develops and implements Administrative Doctrines containing various general guidelines for the daily application of VAT. The value added tax system is under the control of the Italian Ministry of Finance.