Understanding EU Intrastat Reporting Obligations for Cross-Border Trade

Introduction: What Is Intrastat? Intrastat is a fundamental component of the European Union’s statistical system. It is the data collection mechanism used to compile statistics on the trade in goods between EU member states. These statistics support economic analysis, trade monitoring and policymaking across the European Union. Although Intrastat reporting and VAT reporting both relate […]
When Quarterly ICP Reporting Becomes Monthly: A Common Overlooked VAT Threshold

For businesses engaged in intra-Community trade, VAT compliance extends beyond the periodic VAT return.