Title XII: Special schemes

Chapter 1: Special scheme for small enterprises

Section -1: Definitions [with effect from 1. 1. 2025] [1]

Article 280a [with effect from 1. 1. 2025] [2]

For the purposes of this Chapter, the following definitions apply:

1. ‚Member State annual turnover‘ means the total annual value of supplies of goods and services, exclusive of VAT, made by a taxable person within that Member State during a calendar year;

2. ‚Union annual turnover‘ means the total annual value of supplies of goods and services, exclusive of VAT, made by a taxable person within the territory of the Community during a calendar year.