Netherlands lowers Intrastat thresholds
- Feb 5, 2019 | Richard Asquith
The Netherlands has lowered its 2019 annual thresholds for Intrastat reporting as follows:
- Dispatches reporting threshold drops from €1.2m to €1.0m
- Arrivals reporting threshold is lowered from €1m to €0.8m.
The reductions in the thresholds are aimed at bringing in an additional 2,300 tax payers into the reporting net. This is largely to help identify and tackle VAT fraud.
Intrastat is an EU-wide reporting requirement for goods movements across internal EU borders. It helps governments understand trade flows within the EU Single Market, and detect VAT fraud.
Need help with your Dutch VAT compliance?
Researching Dutch VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.
Latest Dutch news
Nov 25, 2019
The Netherlands has postponed until 1 April 2020 changes to prevent non-EU businesses acting as the exporter of record for customs declaration. The original plan, announced last month, was for
February 06, 2019
The Netherlands has confirmed that it will harmonise its VAT on electronic books and journals to the reduced 9% VAT rate from 1 January 2020.
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.