ABSTRACT

VAT (a) Value Added Tax Act 1994: Schedule 8 (Group 8-Transport) Extracts (b) Directive 2006/112/EC: Extracts (c) List of Member States of the European Union as at 31 March 2012 (d) The European Union Directives relevant to the operation of VAT (e) Summary of the Italian flat rate reduction of the taxable basis under Administrative

Ruling No.49/2002 as confirmed by Administrative Ruling No.43/2011

(a) Value Added Tax Act 1994: Schedule 8 (Group 8 —Transport) Extracts

(b) Directive 2006/112/EC: Extracts

(c) List of the Member States of the European Union as at 31 March 2012

1. Excluding the Faroe Islands and Greenland. 2. Excluding the Aland Islands. 3. Including Monaco but excluding Martinique, French Guiana, Guadeloupe, Reunion and St.