
Article 1 
By way of derogation from point 10 of Article 287 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 40 000.
Article 2 
This Decision shall take effect on the day of its notification.
This Decision shall apply from 1 January 2018 until 31 December 2020 or until the entry into force of a directive amending Articles 281 to 294 of Directive 2006/112/EC, whichever date is earlier.
Article 3 
This Decision is addressed to the Republic of Latvia.
Done at Brussels, 18 December 2017.
For the Council
The President
K. SIMSON