Netherlands cuts EC Sales List quarterly threshold 2016
The Dutch tax authorities are to cut the threshold for quarterly filings of EC Sales Listing (Recapitulative Statements) on 1 January 2016 from €100,000 to €50,000
EC Sales Listing
The EU VAT Directive requires VAT registered businesses to complete monthly recapitulative statements detailing intra-community supplies of goods or services to EU VAT registered business. EU member states may vary this to quarterly returns for businesses with such transactions under €50,000 per annum.
On this basis, the European Commission has requested the Dutch authorities to modify its threshold to €50,000
The change comes following a notification from the European Union that the Dutch where in breach of Article 263(1) of the EU VAT Directive.
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