Value Added Tax (VAT) Information

According to EU regulations VAT must be paid by:

• All Italian residents and companies.
• Residents and organizations in all other European Community countries who are not registered for VAT.

VAT must be charged at the rate applicable in the country of sale. For our sales, this is Italy, where the actual rate is 21%.

Value Added Tax (VAT) is known by the following terms in member countries of the European Community:

• Austria: Mehrwertsteuer (Mwst)
• Belgium: Taxe sur la Valeur Ajoutée (TVA)
• Denmark: Mervaerdiafgift (Moms)
• Finland: Arvonlisävero (ALV)
• France: Taxe sur la Valeur Ajoutée (TVA)
• Germany: Mehrwertsteuer (Mwst)
• Greece: ØIIA (FPA)
• Ireland: Value Added Tax (VAT)
• Luxembourg: Taxe sur la Valeur Ajoutée (TVA)
• Netherlands: Belasting over de Toegevoegde Waarde (BTW)
• Portugal: Imposto sobre el Valor Acrescentado (IVA)
• Spain: Impuesto sobre el Valor Anadido (IVA)
• Sweden: Mervärdesskatt (Moms)
• UK: Value Added Tax (VAT)