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Luxembourg VAT Bill 8406: Amending Small Business Scheme for Enhanced Compliance

  • Luxembourg Chamber of Deputies considering Bill 8406 submitted on 1 July 2024
  • Bill aims to amend the VAT law to comply with EU directives
  • Directive (UE) 2020/285 and (UE) 2022/542 regarding small business scheme and VAT rates
  • Focus on administrative cooperation and information exchange for correct application of small business scheme

Source: chd.lu

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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