What are thresholds and how are they determined?

VAT/GST thresholds are manifold. They differ substantially per jurisdiction, and apply in different situations. For example (but not limited to), worldwide there are VAT/GST registration thresholds, thresholds for exoneration from VAT/GST filing, thresholds for distance selling and intra-Community acquisitions (EU only){{Cite web | accessdate=December 2015 | url =http://ec.europa.eu/taxation_customs/resources/documents/taxation/vat/traders/vat_community/vat_in_ec_annexi.pdf

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