OrbitaxCouncil Implementing Decision Published Authorizing Luxembourg to Extend and Increase VAT Exemption Threshold
|Approved Changes|Luxembourg
The Council Implementing Decision to authorize Luxembourg's continued derogation from Article 285 of the VAT Directive (2006/112/EC) regarding its VAT exemption threshold for small businesses was published in the Official Journal of the EU on 23 December 2019. The decision authorizes Luxembourg to continue to exempt from VAT taxable persons whose annual turnover is below a certain threshold an…
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