- Amendment to VAT Code incorporates parts of EU Directive 2022/542
- Clarifies VAT rates for artistic, collectible, archaeological items, and imported goods
- Sets exemptions for small businesses selling goods to other EU countries per Directive 2020/285
- Confirms tax exemptions for fuel, lubricants, provisions for certain ships
- Updates rules for small businesses exempt from VAT to align with EU law
- Includes conditions for exemption, tax authority oversight, and turnover limits
- Updates special VAT regimes for dealers of used goods, artworks, and distance sales of imported goods
- Lowers VAT rate on imports and sales of artworks and antiquities from 13 percent to 6 percent
Source: regfollower.com
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.