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esente IVA art. 10

English translation: VAT exempt under Article 10

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:esente IVA art. 10
English translation:VAT exempt under Article 10
Entered by: Leonarda Coviello
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10:27 Apr 9, 2008
Italian to English translations [PRO]
Law: Contract(s) / Lease Agreement
Italian term or phrase: esente IVA art. 10
The context is the clause in a rent agreement establishing the rent:

Il prezzo della locazione viene determinato in Euro 100.000,00 + IVA l’anno, e Euro 2.000,00 esente IVA art. 10 l’anno

Does it mean that there is a 2,000 Euro VAT rebate?

Thanks in advance !!
tinawizzy
Malta
Local time: 11:06
VAT exempt under Article 10
Explanation:
No, it does mean that EUR 100,000 are subject to VAT and EUR 2,000 are VAT exempt.

HTH

Lea
Selected response from:

Leonarda Coviello
United Kingdom
Local time: 10:06
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +11VAT exempt under Article 10
Leonarda Coviello


  

Answers


4 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +11
VAT exempt under Article 10


Explanation:
No, it does mean that EUR 100,000 are subject to VAT and EUR 2,000 are VAT exempt.

HTH

Lea

Leonarda Coviello
United Kingdom
Local time: 10:06
Works in field
Native speaker of: Native in ItalianItalian
PRO pts in category: 46
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  simon tanner
2 mins
  -> thanks Simon

agree  Giovanni Pizzati: art. 10 VAT Decree
7 mins
  -> grazie Giovanni

agree  Hannah Johnson
8 mins
  -> thanks Hannah

agree  booly
8 mins
  -> thank you booly

agree  Lilth_84
8 mins
  -> thanks Lilth

agree  Tom in London
15 mins
  -> thank you Tom

agree  Peter Cox
1 hr
  -> and Peter

agree  James (Jim) Davis
1 hr
  -> and Jim too

agree  Maria Rosa Fontana
2 hrs
  -> e grazie Maria Rosa

agree  Daniela Alunni: Daniela Alunni
5 hrs
  -> grazie Daniela

agree  Dana Rinaldi
8 hrs
  -> grazie Dana
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Changes made by editors
Apr 23, 2008 - Changes made by Leonarda Coviello:
Created KOG entryKudoZ term » KOG term


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