Changes to the Intrastat Reporting
Increase of the threshold for obligation to report data in the Intrastat report and for the possibility of submitting the simplified report.
According to the new rules, from 1 January 2024 the threshold for the obligation to report data in the Intrastat report has been increased. If a company registered for Czech VAT as a VAT payer or identified to Czech VAT in any of the months (i.e. reference periods) of 2024 reaches the threshold of the value of the goods of CZK 15 million for goods purchased from other EU Member States to the Czech Republic or for goods supplied from the Czech Republic to other EU Member States, the obligation to report data in the Intrastat report will arise from such reference period. However, when calculating the threshold for the year 2023, it is still necessary to monitor the value of purchased and supplied goods in the amount of CZK 12 million. CZK. Therefore, in case that a company has reached the threshold of CZK 12 million of value of goods during 2023, it is obliged to report data in the Intrastat report in the relevant direction at least in 2024.
It is possible to submit a simplified Intrastat report if the total value of purchased or supplied goods did not exceed the threshold of CZK 30 million in 2024 or the preceding year 2023 and simultaneously a company does not trade with commodities listed in the announcement of the Czech Statistical Office on the list of goods not intended for simplified reporting (certain types of food, alcoholic beverages, fuels, etc.). The simplified Intrastat report shall be submitted for the first reference period of the year in which a company is obliged to submit the Intrastat report.
Partner's VAT ID number Identical to the Country of Destination
If partner of a company is registered in several EU Member States, the VAT ID number assigned to the customer by the EU Member State to which the goods were supplied shall be filled in the Intrastat report. In the case of triangular trade, the VAT ID number of the final customer shall be indicated. If the relevant VAT ID number is not known, then code QV123 may be reported instead of the customer's VAT ID number.
Reporting a Transaction without Information on the Mode of Transport of the Goods
In case that the information on the mode of transport of the goods to the final destination is not known, it can be replaced by a code previously intended only for postal shipments, i.e. code 5.
Supply of Software Licenses
If a company supplies licence together with software which is subject to Intrastat reporting, the invoiced value of the software is increased by the value of the licence. The licence shall not be reported separately but always under the Combined Nomenclature of the goods to which the licence relates. If the licence is supplied later than the software, the value of the previously supplied software is not retroactively increased.
Transfer Pricing
It is no longer necessary to take into account transfer pricing adjustments between related parties in the Intrastat report.
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Authors:
Jana Bursíková, Tax Senior
Veronika Soukupová, Tax Manager