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Council Implementing Decision Published Authorizing Finland to Increase VAT Exemption Threshold

|Approved Changes|Finland-European Union
Finland-European Union

A Council Implementing Decision was published in the Official Journal of the EU on 12 June 2020 that authorizes Finland to derogate from Article 287 of the VAT Directive (2006/112/EC) by allowing Finland to exempt from VAT taxable persons whose annual turnover is no higher than EUR 15,000, which is an increase from Finland's current general exemption threshold of EUR 10,000. The Decision autho…

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