Optional VAT threshold regime for social promotion associations and volunteer organizations clarified by Revenue Agency.

• The VAT franchise regime for social promotion associations and volunteer organizations is optional
• The regime does not constitute a natural VAT regime
• Clarification provided by the Revenue Agency during a video conference on September 19, 2024
• The regime is introduced by art. 5 paragraph 15-quinquies of DL 146/2021, applicable from January 1, 2024
• The regime applies to organizations with revenues up to a certain threshold

Source: eutekne.info

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