- Intrastat reporting tracks the movement of goods (not digital goods or services, except for services in Italy) between EU Member States for statistical purposes.
- Each EU country sets its own annual thresholds for arrivals and dispatches, and reporting frequency is usually monthly but can vary.
- The value reported generally excludes VAT and may or may not include freight/insurance, depending on the country.
- Movements of goods between warehouses in different EU countries and use of EU fulfilment centres can affect Intrastat thresholds in multiple countries.
- Businesses must keep supporting records (invoices, transport documents, etc.) for 5–10 years, and rules for returns and corrections vary by country.
Source: simplyvat.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "European Union"
- Business Leaders Call on EU to Modernize Customs Union and Revive Türkiye Membership Talks
- EU VAT Compliance Gap Hits €128 Billion in 2023, Driven by Six Major Economies
- EU Triangular Transactions: More Than Three Parties Allowed, Rules European Court in 2025 Decision
- INTA Reviews EU Proposal to Extend CBAM to Downstream Goods and Strengthen Anti-Circumvention Measures
- European Commission Evaluates Fiscalis Programme’s Impact on EU Tax Fraud Prevention and Cooperation
