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Council Implementing Decisions Published Authorizing Lithuania's and Romania's Increased VAT Registration Thresholds

19 October 2017

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Approved Changes

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European Union-Lithuania-Romania

The Council Implementing Decisions to authorize Lithuania's and Romania's derogation from Article 287 of the VAT Directive (2006/112/EC) with increased VAT registration threshold was published in the Official Journal of the EU on 14 October 2017. The Lithuania Decision authorizes the country to maintain its increased VAT registration threshold at EUR 45,000. The Romania Decision authorizes the country to further increase its VAT registration threshold to the equivalent in national currency of EUR 88,500. In both cases, the authorization applies from 1 January 2018 until the earlier of 31 December 2020 or the entry into force of a Directive amending...