Traditional Culture Encyclopedia - Hotel franchise - What is the VAT rate in Italy?

What is the VAT rate in Italy?

1)4% is the lowest tax rate, such as basic necessities such as food, books and newspapers;

(2) The tax rate of10% is a special tax rate. It is suitable for tourism services and some food and plant seeds.

(3) The standard tax rate is 22%, which is applicable to all other situations. For cross-border sellers, the standard tax rate for most goods should be 22%.

Italy's tax number is written as follows: partitava:12345678901.Italy is divided into monthly report+annual report and quarterly report+annual report. Taxpayers with an annual turnover of over 0.7 million must be reminded of any value-added tax due every month. If the annual sales exceed 700,000 euros, a monthly report should be made. Complete the tax declaration before 16 every month. The annual report is before April 30th of the following year (subject to change). Enterprises below this amount can choose to pay quarterly, but they must pay a non-renewable surcharge of 1%. If the annual sales volume does not exceed 700,000 euros, a surcharge of 1% tax must be paid.