Due to such VAT exemption thresholds, many small businesses will not be able to benefit from the VAT changes that are being introduced to provide relief during this crisis. For example, VAT payment extensions and interest-free late payments—such as discussed or implemented in Austria, Estonia, and the Netherlands—won’t provide relief for businesses that are below the threshold.
Source Tax Foundation
Latest Posts in "European Union"
- CJEU Case C-726/23: Arcomet Towercranes Decision Clarifies Intra-Group VAT and Transfer Pricing Rules
- EU and Morocco reach agreement to extend preferential tariff treatment to Western Sahara
- Comments on ECJ C-436/24 (Lyko) – Loyalty programs and VAT: AG’s opinion in Lyko case brings new perspectives
- Comments on ECJ C-535/24 (Svilosa) – VAT Deduction on Recovery Actions Not Considered Taxable Service
- EU States Move Early on €2 Customs Fee
