Intra-Community transactions – Simplification measures and new recapitulative statement

The tax authorities also issued a statement on the amendments to be introduced to the recapitulative VAT return so as to include the reporting of the aforementioned operations. Until the updated forms are in force, the current VAT returns remain applicable, with the consignment sales being reported therein as an intra-Community supply of goods.

Source Portuguese tax authorities

Unofficial translation in English

 

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