# Commission Implementing Regulation (EU) 2020/1197 of 30 July 2020 laying down technical specifications and arrangements pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council on European business statistics repealing 10 legal acts in the field of business statistics (Text with EEA relevance), Division 2: The taxable amount and its equivalent shall be expressed in the national currency of the reporting Member State.

Extent: E+W+S+N.I.

Where a conversion of currency is necessary for expressing the taxable amount and its equivalent in the national currency, the exchange rate to be used shall be as referred to in point (b) of second subparagraph of Section 10(5).

---
Source: https://www.legislation.gov.uk/eur/2020/1197/annex/V/chapter/II/section/9/division/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2020-1197/annex-V/chapter-II/section-9/division-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.