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View all AlliancesHelping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.
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Learn moreWhat is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.
Learn moreThe agreement applies retroactively to refund claims relating to periods from 1 January 2021.
Italy and the United Kingdom on 7 February 2024 entered into an agreement that UK companies not established in Italy will not submit direct claims for refunds of value added tax (VAT) paid on goods and services in Italy in relation to their business activities, but instead will claim VAT refunds under the process set out in Council Directive (EU) 560/1986 (“Thirteenth Council Directive”).
The agreement applies retroactively to refund claims relating to periods from 1 January 2021.
Read an April 2024 report prepared by the KPMG member firm in Italy
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