On December 3, 2024, the Ministry of Finance submitted the proposals and unveiled the intention to develop the bill for amending the VAT Act.

 

The Ministry is considering:

- the abolishment of the 1,000 EUR threshold for declaring transactions[1] and

- the introduction of mandatory e-invoicing for all VAT-subjected B2B transactions.

 

The bill expected to be drafted in 2025 might come i…

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