This article provides a detailed mapping of VAT rates and exemptions applicable in Italy when using SIGN IT. Use this as a reference for standard rates, reduced rates, and exemptions.
VAT_RATE
> STANDARD
= Italian 22%
VAT_RATE
> REDUCED_1
= Italian 10%
VAT_RATE
> REDUCED_2
= Italian 5%
VAT_RATE
> REDUCED_3
= Italian 4%
VAT_EXEMPTION
> NOT_SUBJECT
= Italian N2: not subject
VAT_EXEMPTION
> NOT_TAXABLE
= Italian N3: Non imponibili
VAT_EXEMPTION
> CAUSE_1
= Italian N1: Escluse ex art 15
VAT_EXEMPTION
> CAUSE_2
= Italian N4: Esenti
VAT_EXEMPTION
> CAUSE_3
= Italian N5: Regime del margine
VAT_EXEMPTION
> CAUSE_4
= Italian N6: Altro non IVA