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Proposed Council Implementing Decision Authorizing Italy to Increase VAT Exemption Threshold

|Proposed Changes|Italy-European Union
Italy-European Union

A proposal for a Council Implementing Decision has been published that would authorize Italy to increase its VAT exemption (registration) threshold in derogation from Article 285 of the VAT Directive (2006/112/EC). Already authorized to exempt from VAT taxable persons whose annual turnover is no higher than EUR 65,000 until 31 December 2024, the proposed decision would authorize Italy to apply…