A Council Implementing Decision has been published that authorizes the Netherlands' continued derogation from Article 285 of the VAT Directive (2006/112/EC) regarding its VAT exemption (registration) threshold. The decision, dated 19 December 2022, authorizes the Netherlands to continue to allow an exemption from VAT for taxable persons whose annual turnover does not exceed EUR 25,000. The EUR 25,000 VAT threshold was previously authorized from 1 January 2020 to 31 December 2022 and as provided by the latest decision, is extended to 31 December 2024. With effect from 1 January 2025, all EU member states are authorized to implement a VAT...