Articolo pubblicato su FiscoOggi (https://fiscooggi.it/)

Tax Pills

Intrastat lists: deadline for submission by 26 April

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The intra-EU operators with a monthly obligation must electronically submit to the Revenue Agency the summary lists of the sales and/or purchases of goods and the provision of intra-community services carried out in March, while those with a quarterly obligation must report the lists relating to the operations finalised during the first quarter of 2022. The Intrastat system enables governments and the EU track trade between countries for statistical purposes.  Yet, increasingly, it is also being used as a check on potential VAT fraud.

Who are the Providers of Statistical Information? - The parties responsible for providing information for the Intrastat system are all taxable persons, according to Council Directive 2006/112/EC, whose annual intra-EU trade exceeds a certain threshold. This threshold is known as the 'exemption threshold'. By definition, an economic operator is liable to submit an Intrastat declaration if: the value of his/her trade with other Member States during the previous year exceeds the applicable thresholds, or the cumulative value of his/her trade with other Member States since the beginning of the year of application exceeds the applicable thresholds. In this case the information should be provided starting from the month in which the thresholds are exceeded.

What is meant for carrying out intra-EU trade? – It means that a business operator has concluded a contract giving rise to the import/export of goods or services within the EU borders.

What is the exemption threshold? - The exemption threshold is a mandatory limit, below which the business operators involved are exempted from providing any Intrastat information. Each Member State fix its own national thresholds.

Stefano Latini

URL: https://www.fiscooggi.it/tax-pills/articolo/intrastat-lists-deadline-for-submission-by-26-april