VAT EU intrastat

All VAT-registered businesses in the European Union (EU) that trade in goods with other member states must provide details of the transactions. Transaction details are used for statistical purposes. Intrastat reporting is a tool that is used against VAT fraud. It allows the comparison between intrastat and VAT declarations.

Netherlands specifics

Companies that trade internationally have a legal obligation to submit statistical information about international trade to the Centraal Bureau voor de Statistiek (CBS). These are the conditions that apply:

  • Quarterly

    Companies that trade services internationally will receive a letter that includes a login code and password for the quarter.

  • Monthly

    Companies that trade goods internationally must report international trade on a monthly basis. Separate thresholds for import and export apply.

Transaction codes must be included for intra-community acquisitions. These are the same transaction codes that already apply to intra-community dispatches.

How Infor meets this requirement

The FSM_ION_SyncLCLTradeStatisticsIntrastat_Outbound BOD is used to send the VAT EU intrastat file to ION GEMS. When the VAT EU intrastat file is generated, a message is sent to the government authorities.

The successful prompting of the FSM_ION_SyncLCLTradeStatisticsIntrastat_Outbound BOD to ION is validated against the corresponding Schema. The output is saved in the designated folder.

The IDEP Intrastat Report Netherlands format is supported in FSM–Localization.

See Infor Localization Services GEMS User Guide.