
Article 1 
By way of derogation from Article 287(10) of Directive 2006/112/EC, the Republic of Latvia is authorised to exempt from VAT taxable persons whose annual turnover is no higher than EUR 50 000.
Article 2 
This Decision shall take effect on the day of its notification.
It shall apply until 31 December 2017.
Article 3 
This Decision is addressed to the Republic of Latvia.
Done at Brussels, 7 November 2014.
For the Council
The President
P. C. PADOAN