Monaco Implements Changes to VAT Exemption Thresholds and Introduces Other VAT Reforms

• Ordonnance Souveraine n° 10.832 introduces changes to VAT in Monaco
• Thresholds for VAT exemption for businesses and artists are adjusted
• Thresholds for national turnover for different types of services are specified
• Franchise for VAT exemption ends if turnover exceeds specified thresholds

Source: journaldemonaco.gouv.mc

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