{"id":3411,"date":"2026-06-05T08:00:00","date_gmt":"2026-06-05T06:00:00","guid":{"rendered":"https:\/\/studiolombardolarosi.it\/?p=3411"},"modified":"2026-06-11T13:21:00","modified_gmt":"2026-06-11T11:21:00","slug":"vat-treatment-in-chain-transactions","status":"publish","type":"post","link":"https:\/\/studiolombardolarosi.it\/en\/2026\/06\/05\/vat-treatment-in-chain-transactions\/","title":{"rendered":"VAT Treatment in Chain Transactions: Guide 2026"},"content":{"rendered":"\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c2b663db39de1d5c853348b441d65938 wp-block-paragraph\">With Revenue Agency Ruling No. 111 of 29 May 2026, the Italian tax authorities have provided an important clarification on the <strong>VAT treatment in chain transactions<\/strong>, a topic that directly concerns all businesses \u2014 Italian and foreign alike \u2014 that operate in purchase-and-resale scenarios involving intermediate parties within the European Union. Understanding how this regime works is essential to avoid errors that can trigger an unexpected VAT registration obligation in a Member State, with resulting penalties and retroactive compliance requirements.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block has-black-color has-text-color has-link-color wp-elements-a2ecc87cfa212c8fe7e7a5971bc1b75e\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#what-are-chain-transactions\">What are chain transactions for VAT purposes<\/a><\/li><li><a href=\"#legal-framework\">VAT treatment in chain transactions: the legal framework<\/a><ul><li><a href=\"#the-exception\">The exception: when the intermediary provides its VAT number from the country of departure<\/a><\/li><\/ul><\/li><li><a href=\"#concrete-case\">The concrete case: German company, Polish suppliers and Italian buyers<\/a><\/li><li><a href=\"#intermediary-operator\">Intermediary operator and transport allocation<\/a><\/li><li><a href=\"#chain-vs-triangulation\">VAT treatment in chain transactions: difference from EU triangulation<\/a><\/li><li><a href=\"#practical-consequences\">Practical consequences: when does the VAT registration obligation in Italy arise<\/a><\/li><li><a href=\"#what-to-do\">What a foreign company supplying goods to Italian buyers must do<\/a><\/li><li><a href=\"#download-guide\">Download the guide<\/a><\/li><li><a href=\"#faq\">Frequently asked questions (FAQ) \u2014 VAT Treatment in Chain Transactions<\/a><\/li><li><a href=\"#questions-about-vat-chain-transactions\">Questions about the VAT treatment in chain transactions? We are here to help<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"what-are-chain-transactions\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-5ffc5d583c5dfed035eba829996de26d\"><strong>What are chain transactions for VAT purposes<\/strong><\/h2>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-1983b09c2bdc03c4838dbbb97734697b wp-block-paragraph\">A chain transaction occurs when the same goods are sold several times in succession \u2014 from a first supplier to an intermediary, and from that intermediary to a final buyer \u2014 but the physical transport takes place in a single movement, directly from the first seller to the final recipient. This is not a series of separate shipments, but a single logistical flow that serves to fulfil the entire chain of sales.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c84f21f438d1879ff3fdc7dcc970da2d wp-block-paragraph\">This structure is very common in international trade between EU countries, where intermediary operators act as trading companies without ever taking physical possession of the goods. The central VAT question is one: <strong>to which supply should the transport be allocated?<\/strong> The answer determines which transaction is intra-Community \u2014 and therefore VAT-exempt \u2014 and which is instead a domestic supply, subject to VAT in the country of destination.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"legal-framework\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-a4e5535f167dfc67e54d47f89391344a\"><strong>VAT treatment in chain transactions: the legal framework<\/strong><\/h2>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-bfac51ace668a01ed3290ec5859150d1 wp-block-paragraph\">The <strong>VAT treatment in chain transactions<\/strong> is governed at European level by Art. 36-bis of Directive 2006\/112\/EC (the VAT Directive), transposed into Italian law by Art. 41-ter of Legislative Decree No. 331\/1993. The provision establishes a clear rule for determining to which supply in the chain the intra-Community transport of goods must be attributed.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-bb224a96102db34498ab5a3c1e025b22 wp-block-paragraph\">The default rule is as follows: transport is allocated to the supply made <strong>to the intermediary operator<\/strong>. An intermediary operator is the party within the chain who is neither the first seller nor the final buyer, but an intermediate entity that arranges or causes the transport of the goods to be arranged.<\/p>\n\n\n\n<h3 id=\"the-exception\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-1bd1fe0514d72298e014f8f3ee1e441e\"><strong>The exception: when the intermediary provides its VAT number from the country of departure<\/strong><\/h3>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-f3cb56869d3a1ec23d4c337baa6a9958 wp-block-paragraph\">The rule provides for an important exception: if the intermediary operator provides the first supplier with a VAT identification number issued by the <strong>Member State of departure<\/strong> of the goods, the transport is no longer allocated to the supply made to the intermediary, but to the supply made by the intermediary to the final buyer. In this case it is the second supply that is intra-Community, not the first.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"concrete-case\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-1f63733e5d247d3a56bdebd32b197bba\"><strong>The concrete case: German company, Polish suppliers and Italian buyers<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/09\/contabilita-17-1024x683.jpg\" alt=\"VAT Treatment in Chain Transactions\" class=\"wp-image-2702\" srcset=\"https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/09\/contabilita-17-1024x683.jpg 1024w, https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/09\/contabilita-17-300x200.jpg 300w, https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/09\/contabilita-17-768x512.jpg 768w, https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/09\/contabilita-17.jpg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-69229da780aed20879607050c8864fa5 wp-block-paragraph\">The ruling examined by the Revenue Agency with Response No. 111\/2026 concerns a company resident in Germany for VAT purposes, with no permanent establishment or VAT registration in Italy, which purchases goods from suppliers established in Poland and resells them to buyers in various EU countries, including Italy.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9567cce1fd27f8d7c9d4eba206125707 wp-block-paragraph\">The operational structure is as follows:<\/p>\n\n\n\n<ol class=\"wp-block-list has-black-color has-text-color has-link-color wp-elements-8210a4d2b264536944e976ba3a0fa97e\">\n<li>The Polish supplier sells goods to the German company<\/li>\n\n\n\n<li>The German company resells the goods to an Italian buyer<\/li>\n\n\n\n<li>The goods are physically transported from Poland directly to Italy, in a single movement<\/li>\n\n\n\n<li>Transport is arranged by the German company, which therefore acts as the intermediary operator<\/li>\n\n\n\n<li>The German company provided its <strong>German<\/strong> VAT number (not Polish) to the Polish supplier<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-84d3fa2f6ecd06bc53a4a7331152f1fe wp-block-paragraph\">The applicant believed it was operating under the EU triangulation simplification scheme as defined by Art. 141 of the VAT Directive, which would have allowed it to avoid VAT registration in Italy. The Revenue Agency, however, reclassified the transaction as a <strong>chain transaction<\/strong>, with very different consequences.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"intermediary-operator\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-366be8d63d66c2b170cdb3ab1de11203\"><strong>Intermediary operator and transport allocation<\/strong><\/h2>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-a145b310e2e7cf885a1bd749276fd87e wp-block-paragraph\">The pivotal issue in this case concerns the identification of the intermediary operator and the VAT number communicated. In the transaction described, the German company provided its <strong>German<\/strong> VAT number \u2014 not its Polish one \u2014 to the Polish supplier. This choice has decisive consequences.<\/p>\n\n\n\n<p class=\"has-secondary-color has-primary-background-color has-text-color has-background has-link-color wp-elements-ae7da5553f365be244d224651943ec04 wp-block-paragraph\">Here is how transport allocation changes depending on the VAT number communicated by the intermediary operator:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-black-color has-text-color has-link-color has-fixed-layout\"><tbody><tr><td><strong>VAT number communicated<\/strong><\/td><td><strong>Supply to which transport is allocated<\/strong><\/td><td><strong>Intra-Community transaction<\/strong><\/td><\/tr><tr><td>VAT of the <strong>country of departure<\/strong> (e.g. Poland)<\/td><td>Second supply (intermediary \u2192 final buyer)<\/td><td>The second supply (intermediary to final buyer)<\/td><\/tr><tr><td>VAT of <strong>another EU country<\/strong> (e.g. Germany)<\/td><td>First supply (supplier \u2192 intermediary operator)<\/td><td>The first supply (Polish supplier to German company)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-378c2d6228c8c3228d9a4979d2065fd3 wp-block-paragraph\">In the case at hand, since the German company provided a German VAT number (different from the country of departure), transport is allocated to the <strong>first supply<\/strong>: from Poland to Germany. The second supply \u2014 from the German company to the Italian buyer \u2014 is therefore a <strong>domestic supply<\/strong> with the place of taxation in Italy, where the goods are physically located at the end of transport.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"chain-vs-triangulation\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-f5a83af0ecc0522efd54933069aea442\"><strong>VAT treatment in chain transactions: difference from EU triangulation<\/strong><\/h2>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9a1bce5fb3e4be3e27bef96c56a4c8f9 wp-block-paragraph\">The German company had assumed it was operating under the <strong>simplified EU triangulation scheme<\/strong>, governed by Art. 141 of the VAT Directive. This is a simplification measure that allows the intermediary party to avoid VAT registration in the country of destination, provided certain specific conditions are met.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-3bc308fec46714be07d78719dab50660 wp-block-paragraph\">The Revenue Agency, however, ruled out the applicability of the simplified regime, reclassifying the transaction under the chain transaction rules of Art. 36-bis of the VAT Directive. The two regimes have different preconditions and very different fiscal consequences:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-black-color has-text-color has-link-color has-fixed-layout\"><tbody><tr><td><strong>Aspect<\/strong><\/td><td><strong>EU Triangulation (Art. 141)<\/strong><\/td><td><strong>Chain Transaction (Art. 36-bis)<\/strong><\/td><\/tr><tr><td>Number of parties<\/td><td>Exactly 3, in 3 different EU countries<\/td><td>2 or more, not necessarily in different countries<\/td><\/tr><tr><td>Intermediary party<\/td><td>Does not register for VAT in the destination country<\/td><td>May be required to register for VAT on arrival<\/td><\/tr><tr><td>VAT mechanism<\/td><td>Reverse charge on the final buyer<\/td><td>Domestic VAT in the country of destination<\/td><\/tr><tr><td>Transport<\/td><td>From first seller to final recipient<\/td><td>From first seller to final recipient (same)<\/td><\/tr><tr><td>VAT number used<\/td><td>Not from country of departure or destination<\/td><td>Decisive for transport allocation<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"practical-consequences\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-586bd10259139b122840da53eccfded6\"><strong>Practical consequences: when does the VAT registration obligation in Italy arise<\/strong><\/h2>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-ec7d07d4241f8dc04cef3e198deddde5 wp-block-paragraph\">The <strong>VAT treatment in chain transactions<\/strong>, as clarified by the Revenue Agency, leads to this conclusion: when transport is allocated to the first supply and the goods end their journey in Italy, the second supply \u2014 between the foreign company and the Italian buyer \u2014 is a domestic sale subject to Italian VAT.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9fbb875a71c90d44981d22e8c93fd7df wp-block-paragraph\">It follows that the German company, having no establishment or VAT registration in Italy, was required to:<\/p>\n\n\n\n<ul class=\"wp-block-list has-black-color has-text-color has-link-color wp-elements-ade3b7206e672ecad0b5dbd0ea84f736\">\n<li>Register for VAT in Italy \u2014 directly or through a <a href=\"https:\/\/www.agenziaentrate.gov.it\/\" target=\"_blank\" rel=\"noopener\">fiscal<\/a> representative<\/li>\n\n\n\n<li>Apply Italian VAT to the supply to the Italian buyer<\/li>\n\n\n\n<li>Issue invoices with Italian VAT and remit it to the Italian tax authority<\/li>\n\n\n\n<li>File periodic and annual VAT returns in Italy<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-a3c073542d1c783780a71ba52b261082 wp-block-paragraph\">Failing to register for VAT in a Member State where a domestic supply is made exposes the operator to challenge by the local tax authority, with penalties, interest, and recovery of unpaid tax.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"what-to-do\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-ed6089ba7c593de814438701199af5c3\"><strong>What a foreign company supplying goods to Italian buyers must do<\/strong><\/h2>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-1ae94700add7d3c22d4d0b93caf0e3cb wp-block-paragraph\">In light of the clarification provided by Ruling No. 111\/2026, foreign companies operating in purchase-and-resale schemes with goods moving into Italy must carefully review their position. In particular, it is essential to analyse:<\/p>\n\n\n\n<ol class=\"wp-block-list has-black-color has-text-color has-link-color wp-elements-52ed92596d27a322b42629a6239a9053\">\n<li><strong>Who arranges transport<\/strong> \u2014 if the intermediary organises or causes transport to be organised, it qualifies as an intermediary operator under Art. 36-bis<\/li>\n\n\n\n<li><strong>Which VAT number is provided to the first supplier<\/strong> \u2014 the country of issuance of the VAT number is decisive for transport allocation<\/li>\n\n\n\n<li><strong>Where the goods physically end up<\/strong> \u2014 the country of final destination determines where the domestic supply takes place<\/li>\n\n\n\n<li><strong>Whether the conditions for the simplified EU triangulation apply<\/strong> \u2014 which has very precise requirements and is not automatically available whenever three parties are involved<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c3e1e4f16f00b039b2d8b0d4aa5b1de1 wp-block-paragraph\">A preventive review of the operational structure, before commencing or continuing supplies to Italy, can avoid significant tax disputes. The <strong>VAT treatment in chain transactions<\/strong> is not something to address after the fact, but a variable to manage when structuring contracts and logistics flows.<\/p>\n\n\n\n<h2 id=\"download-guide\" class=\"wp-block-heading has-primary-color has-text-color has-link-color wp-elements-fe6102bd2859bdf6bcc5bc2a4923728f\"><strong><a href=\"https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2026\/06\/infografica_iva_catena_en-1.pdf\" data-type=\"attachment\" data-id=\"3416\">Download the guide<\/a><\/strong><\/h2>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2026\/06\/infografica_iva_catena_en-1.pdf\" type=\"application\/pdf\" style=\"width:100%;height:281px\" aria-label=\"Embed of infografica_iva_catena_en.\"><\/object><a id=\"wp-block-file--media-9aa97a6e-3f45-43ab-a9e9-e93617afd80f\" href=\"https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2026\/06\/infografica_iva_catena_en-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">infografica_iva_catena_en<\/a><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id=\"faq\" class=\"wp-block-heading has-black-color has-text-color has-link-color wp-elements-29849762cb82241ee9a0133d247f5f84\"><strong>Frequently asked questions (FAQ)<\/strong> \u2014 VAT Treatment in Chain Transactions<\/h2>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-68f8f0b2bba2ed319180190b4abbb9c8 wp-block-paragraph\">\ud83d\udccc <strong>Can a chain transaction always be treated as an EU triangulation?<\/strong><br>\u27a1\ufe0f No. The simplified EU triangulation is a specific measure with precise requirements: exactly three parties must be involved, each established in a different EU country, and certain formal conditions must be met. If the prerequisites are not satisfied, the transaction is governed by the general chain transaction rules under Art. 36-bis of the VAT Directive.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-cfdee89d5fceaaeac11cb2c8d33bf316 wp-block-paragraph\">\ud83d\udccc <strong>Why is the VAT number communicated to the supplier so important?<\/strong><br>\u27a1\ufe0f Because it determines to which supply the transport is allocated. If the intermediary provides a VAT number from the country of departure of the goods, transport shifts to the second supply. If it provides a VAT number from another country, transport remains with the first supply \u2014 and the second becomes a domestic supply subject to VAT in the country of destination.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-e401058ab1a0e3f72da7e20f25893c02 wp-block-paragraph\">\ud83d\udccc <strong>Can a foreign company with no permanent establishment in Italy be required to register for VAT there?<\/strong><br>\u27a1\ufe0f Yes. The VAT registration obligation in Italy arises whenever a foreign entity carries out taxable transactions on Italian territory \u2014 regardless of whether it has a registered office or permanent establishment in Italy. Registration can be done directly or through a fiscal representative.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-64f4fc2907263cd286198b66766c13ce wp-block-paragraph\">\ud83d\udccc <strong>What does a company risk by failing to register for VAT in Italy when required to do so?<\/strong><br>\u27a1\ufe0f It risks administrative penalties, recovery of unpaid VAT plus interest, and potentially criminal tax liability if the amounts are significant. The Italian tax authority can reclassify transactions and recover tax for prior years, with a potentially very costly retroactive effect.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-cover\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"427\" class=\"wp-block-cover__image-background wp-image-1143 size-full\" alt=\"\" src=\"https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/06\/contabilita-19-small.jpg\" data-object-fit=\"cover\" srcset=\"https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/06\/contabilita-19-small.jpg 640w, https:\/\/studiolombardolarosi.it\/wp-content\/uploads\/2025\/06\/contabilita-19-small-300x200.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><span aria-hidden=\"true\" class=\"wp-block-cover__background has-black-background-color has-background-dim-70 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-eac02fd3 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-3a88641f wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading has-text-align-center has-third-color has-text-color\" id=\"questions-about-vat-chain-transactions\" style=\"font-size:32px;font-style:normal;font-weight:500\"><strong>Questions about the VAT treatment in chain transactions? We are here to help<\/strong><\/h2>\n\n\n\n<p class=\"has-text-align-center has-third-color has-text-color has-tiny-font-size wp-block-paragraph\" style=\"font-style:normal;font-weight:300\">Studio Lombardo Larosi assists Italian and foreign businesses with the correct management of the <strong>VAT treatment in chain transactions<\/strong>, verification of VAT registration obligations in Italy, and fiscal structuring of intra-EU transactions. Contact us at <strong>info@studiolombardolarosi.it<\/strong> for a personalised consultation.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-b29d4327 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-custombuttonfill is-style-custombuttonone\"><a class=\"wp-block-button__link has-helvetica-arial-font-family has-tiny-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/studiolombardolarosi.it\/en\/contact-us\/\" style=\"border-radius:5px;padding-top:18px;padding-right:40px;padding-bottom:18px;padding-left:40px\">CONTACT US<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Revenue Agency Ruling No. 111 of 29 May 2026, the Italian tax authorities have provided an important clarification on the VAT treatment in chain transactions, a topic that directly concerns all businesses \u2014 Italian and foreign alike \u2014 that operate in purchase-and-resale scenarios involving intermediate parties within the European Union. Understanding how this regime [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,18,19],"tags":[486],"class_list":["post-3411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accountant-services","category-accounting","category-consulting","tag-vat-treatment-in-chain-transactions-italy-2026"],"_links":{"self":[{"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/posts\/3411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/comments?post=3411"}],"version-history":[{"count":3,"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/posts\/3411\/revisions"}],"predecessor-version":[{"id":3450,"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/posts\/3411\/revisions\/3450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/media\/3413"}],"wp:attachment":[{"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/media?parent=3411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/categories?post=3411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/studiolombardolarosi.it\/en\/wp-json\/wp\/v2\/tags?post=3411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}