Changes to VAT regime for associations effective from 1st January: implications and exemptions explained

• Starting from January 1st, the changes introduced by DL 146/2021 for associative entities will come into effect
• The changes represent a reform of the VAT regime for associations
• Goods and services currently exempt from VAT will now be subject to the tax
• However, most entities will still benefit from an exemption regime
• The end of the VAT “decommercialization” regime will result in increased compliance burdens

Source: eutekne.info

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.