Legal provisions of COM(2004)553 - Authorisation of Italy to derogate from Article 2(1) of the Sixth Directive 77/388/EEC on the harmonisation of the laws of the Member States relating to turnover taxes

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dossier COM(2004)553 - Authorisation of Italy to derogate from Article 2(1) of the Sixth Directive 77/388/EEC on the harmonisation of the laws of ...
document COM(2004)553 EN
date October 21, 2004

Contents

Article 1

By way of derogation from Article 2(1) of Directive 77/388/EEC, the Italian Republic is hereby authorised to conclude an agreement with Switzerland in view of not imposing VAT on tolls for the Gran San Bernardo tunnel. The authorisation is granted under the condition that the Italian Republic estimates every year the amount of losses in VAT at the stage of final consumption and adds an equivalent compensation to the VAT base which is used for establishing its contributions to the Community's own resources.

Article 2

This Decision is addressed to the Italian Republic.