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From January 2023, the Intrastat threshold will be abolished

  • A new procedure will be implemented to determine which companies have a reporting obligation for Intrastat.
  • Statistics Netherlands will draw monthly samples from VAT Returns to identify companies with intra-Community transactions.
  • These companies will receive a letter in the first month of their reporting obligation and can check their reporting requirements on IDEP+.
  • Companies that trade in services only or have triangular transactions only are not included in the samples. The Intrastat threshold will be abolished starting January 2023.

Source Taxbackinternational

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