The early VAT refund in the split payment
With the decree of the Ministry of Economy and Finance, dated 20 February 2015, the mechanism for accessing priority reimbursements was regulated, for those subjects who, due to the application of the new rule on the splitting of payments to public administrations "Split payment" 1, introduced by Law no. 190/2014 (2015 Stability Law), they would chronically have a VAT credit.
Some clarifications had already been the subject of intervention by the MEF with the publication, on January 23, 2015, of an implementing decree, concerning, not only, the methods and terms of payment of VAT by public administrations subject to the Split payment, but also the refund of VAT as a priority, pursuant to article 38 - bis, paragraph 10 of Presidential Decree no. 633/1972.
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