The Council Implementing Decision to authorize Malta's derogation from Article 287 of the VAT Directive (2006/112/EC) regarding its VAT registration threshold was published in the Official Journal of the EU on 24 February 2018. The decision authorizes Malta to apply an annual VAT registration threshold of EUR 20,000 (increased from EUR 14,600) for VAT taxable persons whose economic activity consists principally in supplies of services with a high value added (low inputs). The authorization is effective from 1 January 2018 until the earlier of 31 December 2020 or the entry into force of a Directive amending the provisions of the...