Legal provisions of COM(2022)520 - Authorisation of Bulgaria to derogate from Article 287 of the VAT Directive - Main contents
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| dossier | COM(2022)520 - Authorisation of Bulgaria to derogate from Article 287 of the VAT Directive. |
|---|---|
| document | COM(2022)520  |
| date | November 14, 2022 |
Article 1
By way of derogation from Article 287, point (17), of Directive 2006/112/EC, Bulgaria is authorised to exempt from VAT taxable persons whose annual turnover is no higher than the equivalent in national currency of EUR 51 130 at the conversion rate on the day of its accession.
Article 2
This Decision shall take effect on the date of its notification.
It shall apply until 31 December 2024.
Article 3
This Decision is addressed to Bulgaria.