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Council Implementing Decisions Published Authorizing Latvia and Romania to Continue Increased VAT Registration Thresholds

15 September 2020

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Approved Changes

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Latvia-Romania-European Union

The Council Implementing Decisions to authorize Latvia's and Romania's continued derogation from Article 287 of the VAT Directive (2006/112/EC) with increased VAT registration threshold were published in the Official Journal of the EU on 10 September 2020. The Latvia Decision authorizes the country to maintain its increased VAT registration threshold at EUR 40,000. The Romania Decision authorizes the country to maintain its increased VAT registration threshold of the equivalent in national currency of EUR 88,500. In both cases, prior decisions for authorization are amended to apply until 31 December 2024.