Oracle R12 eBTax Italy rate rise to 22%

Italy VAT rise to 22% on 1 Oct 2013

The planned rate rise that had been put off has now gone ahead and is in effect as of today, 1st October 2013. So please ensure you have updated your tax rates in Oracle R12 and Fusion tax, dont forget to also change your offse tax amounts!

 

The reduced VAT rates of 10% and 4% will not change.

Contact us if you need help changing your tax rate in Oracle