Amount Field, VAT Plafond Period Table
Specifies the maximum amount VAT that can be exempt during the period based on a plafond arrangement.
Additional Information
Businesses in Italy who frequently engage in resale activities outside the country can be exempt from VAT under a plafond arrangement. This arrangement is allowed when you sell to a company inside the European Union (EU) and their export business is over 10 percent of their total revenue.
Tip
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Parent Tables
| Table | Location |
|---|---|
| VAT Plafond Period Table | Italy Local Functionality |
| VAT Plafond Period Table | Italy Local Functionality |