OrbitaxProposal for Council Implementing Decision Published Authorizing Luxembourg to Extend and Increase VAT Exemption Threshold
|Proposed Changes|European Union-Luxembourg
A proposal for a Council Implementing Decision to authorize Luxembourg continued derogation from Article 285 of the VAT Directive (2006/112/EC) regarding its VAT exemption threshold for small businesses was published on 28 November 2019. The decision would authorize Luxembourg to continue to exempt from VAT taxable persons whose annual turnover is below a certain threshold and to increase that…
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