Ruling of the Italian Tax Authorities no. 47/2020 – Clarifications on the place of the provision of services concerning pleasure boats

The Italian Tax Authorities with the publication of the Ruling no. 47/2020 clarified that the place of the provisions of services of leasing, rental and similar of pleasure boats provided of the aforementioned articles can be considered excluded from the VAT taxable amount due to the lack of the territorial requirement only applying of effectiveness criteria, or if, through relevant means of proofs, can be demonstrate actual use and actual fruition of the service outside the EU territory.

National budget for the advertising bonus increased to 85 million euros. The request must be sent by 30 September

The "August Decree" increased the "Bounus Pubblicità; the national budget to be divided among the applicants has raised from 60 to 85 million euros, divided into 50 million for investments made in daily newspapers and periodicals, including online ones, and 35 million for investments made on local and national televisions and radio broadcasters, analogue or digital, provided that they are not owned by the State.