The turnover of entities operating in the air passenger and/or freight transport sector will be based on the amount reported in the last VAT return submitted on 24 January 2024, i.e. the date of publication of Decision No. 194/2023. This turnover pertains to transactions that fall under a single air transport contract and consist of:

a) for passenger transport:

a1) national transport carried out entirely within the State territory and subject to 10 % VAT rate (Table A Part III127-novies, annexed to Presidential Decree No. 633 of 26 October 1972, i.e. the rate currently in force;

a2) international transport, solely for the part of origin/destination/transshipment in Italy, subject to non-taxable regime pursuant to Article 9 (1) (1) of Presidential Decree No. 633/1972;

b) for freight transport:

b1) transport relevant for VAT purposes in the State territory and subject to 22% VAT rate, i.e. the rate currently in force;

b2) international transport, calculated by applying a flat rate percentage of 38% to the total value of transport services with origin/destination/transhipment in Italy.