Legal provisions of COM(2023)89 - Authorisation of Italy to derogate from Article 285 of the VAT Directive - Main contents
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| dossier | COM(2023)89 - Authorisation of Italy to derogate from Article 285 of the VAT Directive. |
|---|---|
| document | COM(2023)89  |
| date | March 21, 2023 |
Article 1
By way of derogation from Article 285 of Directive 2006/112/EC, Italy is authorised to exempt from VAT taxable persons whose annual turnover is no higher than EUR 85 000.
Article 2
Implementing Decision (EU) 2020/647 is repealed.
Article 3
This Decision shall take effect on the date of its notification.
It shall apply from 1 January 2023 until 31 December 2024.
Article 4
This Decision is addressed to the Italian Republic.