In “Corriere Tributario” no. 4 of 2025, Pierpaolo Maspes and Raffaele Corso analyse the issue of the reduction of the VAT taxable base made by the supplier after the termination of the contract is activated by the supplier itself.
In particular, the article notes that the supplier may make use of the aforementioned option (in compliance with the applicable terms) even after having formally claimed its liabilities in an official bankruptcy procedure. In this situation, the claimed liabilities have, in fact, a restoration and restitution nature, but do not refer to the consideration of the supply. The effects of the termination cannot indeed in any way be waived once it has occurred.