● Sala, Noro & Associates secures the annulment of a VAT assessment applied to grants provided by public entities to a cultural association

Sala, Noro e Associati, with a team led by partnerStefano Noro, successfully secured for a majorcultural association on Lake Maggiorethe annulment—through an administrative review—bythe Novara Revenue Agencyof a substantialassessment noticeregarding VAT improperly claimed on grants received from the Region, the Municipality, and several banking foundations. The Agency acknowledged the absence of a mandatory reciprocal (synallagmatic) relationship between the association and the funding entities, which resulted in the exclusion of the received grants from the scope of VAT.