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.
Source Orbitax
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