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Italy: Input VAT recovery deadlines extended

New rules provide additional time to recover input VAT and register purchase documents.

september 2, 2026

Legislative Decree No. 148/2026, effective August 12, 2026, extends the deadlines for both input VAT recovery and the registration of purchase invoices and customs bills in VAT registers.

Under the new rules, taxpayers may recover input VAT up to the filing deadline for the VAT return for the second year following the year in which the recovery right arises. For example, input VAT on costs incurred and invoiced between August 12 and December 31, 2026, may be recovered through the FY2028 VAT return due April 30, 2029.

The deadline for registering purchase invoices and customs bills is similarly extended to the return filing deadline for the second year following the year of receipt. An invoice received in 2026 may therefore be registered in 2026, 2027, or 2028.

Read a September 2026 report prepared by the KPMG member firm in Italy

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