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Council Implementing Decision Published Authorizing the Netherlands to Extend VAT Exemption Threshold

|Approved Changes|Netherlands-European Union
Netherlands-European Union

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. The EUR 25,000 VAT threshold was previously authorized from 1 January 2020 to 31 December 2022 and as prov…

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