1 Amendments of Costas MAVRIDES related to 2018/0006(CNS)
Amendment 20 #
Proposal for a directive
Recital 6
Recital 6
(6) Small enterprises may only benefit from the exemption where their annual turnover is below the threshold applied by the Member State in which the VAT is due. In setting their threshold, Member States should abide by the rules on thresholds laid down by Directive 2006/112/EC. Those rules, most of which were put in place in 1977, are no longer suitable. For the sake of flexibility, it is essential to set only maximum thresholds at Union level. Setting only maximum thresholds at Union level would ensure that each Member State could set appropriate lower thresholds proportional to the size and the needs of its economy.