Intrastat is a system for collecting statistics on the movement of goods between EU member states, replacing customs declarations as the primary source for trade statistics within the EU since 1993. It helps local authorities gather crucial statistical data on trade in goods to understand economic trends and ensure compliance with regulatory requirements. Intrastat has thresholds for arrivals and dispatches that vary by country, and staying updated on these thresholds is vital for businesses to comply with reporting requirements and avoid penalties. Alongside VAT returns and European Sales Listings (ESL), businesses engaged in international trade must navigate Intrastat requirements. Here are the latest Intrastat thresholds for 2024 across EU countries, essential for businesses involved in cross-border commerce to stay compliant and competitive.
Source Taxbackinternational
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