A proposal for a Council Implementing Decision to authorize Luxembourg continued derogation from Article 285 of the VAT Directive (2006/112/EC) regarding its VAT exemption threshold for small businesses was published on 28 November 2019. The decision would authorize Luxembourg to continue to exempt from VAT taxable persons whose annual turnover is below a certain threshold and to increase that threshold from EUR 30,000 to EUR 35,000. Approval for Luxembourg's current derogation is scheduled to expire on 31 December 2019. Subject to approval, the Decision will authorize Luxembourg's extended and increased threshold from 1 January 2020 until the earlier of 31 December 2022 or the date from which EU Member States are to apply any national provisions that they are required to adopt in the event a directive is adopted amending the provisions of the VAT Directive on a special scheme for small enterprises.
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