A proposal for a Council Implementing Decision has been published that would authorize Luxembourg's continued derogation from Article 285 of the VAT Directive (2006/112/EC) regarding its VAT registration threshold. The proposed decision, dated 26 July 2022, authorizes Luxembourg to continue to apply its increased VAT registration (exemption) threshold of EUR 35,000 until 31 December 2024.
It also noted that with effect from 1 January 2025, all EU member states are authorized to implement a …