Following a notification from the EU Commission, the Dutch tax authorities have reduced the threshold value at which businesses have to move from submitting quarterly to monthly EC Sales Lists.

Previously, it was possible to submit quarterly EC Sales Lists (also referred to as recapitulative statements) if the value of transactions was below EUR 100,000.  This threshold has now been reduced to EUR 50,000, to bring it into line with Article 263 EU VAT Directive 2006/112/EC.  This change will have effect from 1 January 2016.

By |October 27th, 2015|