FISCAL REPRESENTATION
About article 17 of italian "DPR 633/72" (about VAT) foreign companies, EU or extra-EU, may appoint a tax representative to fulfill its obligations about VAT purposes and enjoy tax deductible about the purchases made by Italian suppliers of services otherwise not deductible for the foreign operator. In this case the issues concerning the possibility to deduct VAT mainly concern:
Tour Operator (Extra-EU);
Companies participating in trade fairs, exhibitions and conferences (with several limitations).
This nominee allows in practice to foreign companies, which do not have active operations in Italy, to have an annual tax credit that may be required to refund the VAT formalities required by VAT decree.