Test yourself Question 1 of 5 Question 1 of 5
A customer pays 1,220 € including VAT at the standard rate. What is the taxable amount?
951.60 € 1,000 € 1,197.80 € 1,220 €
Question 2 of 5 Question 2 of 5
Where is the complete list of goods and services at reduced rates found?
In the examples on the Agenzia's rates page In Table A, parts II, II-bis and III, of Presidential Decree 633/1972 In the invoice template of the web procedure In the annual VAT return
Question 3 of 5 Question 3 of 5
What does the volume d'affari include?
Only taxable transactions, VAT included The taxable amounts of supplies made or to be recorded in the calendar year, mainly taxable, non-taxable and exempt ones The profit of the year Only cash actually received
Question 4 of 5 Question 4 of 5
Why must a purchase invoice be entered in the purchase register?
To obtain a lower rate Because the entry is necessary to benefit from the deduction Because the supplier cannot be paid otherwise It need not be: only issued invoices are recorded
Question 5 of 5 Question 5 of 5
What does the Gazzetta Ufficiale now show for article 16 of Presidential Decree 633/1972?
A new rate of 24 % That the article is repealed by Legislative Decree no. 10 of 19 January 2026 That the article applies until 2030 Nothing has changed
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