On 28th October 2021, the Italian Council of Ministers met and approved the draft law containing the State budget for the 2022 fiscal year and the multi-year budget for the three-year period from 2022 – 2024 (see press release from 28th October 2021 n°44).
From 2022, the VAT rate for “absorbent products for feminine hygiene” (prodotti assorbenti per l’igiene femminile) is reduced from 22% to 10%.
To date, the list of products considered “absorbent feminine hygiene products” that will be affected by this VAT reduction has not yet been shared.
