Examples of using Recapitulative statements in English and their translations into Slovenian
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Returns and recapitulative statements.
Directive 2006/112/EC alreadygives Member States the option of collecting recapitulative statements on a monthly basis.
The recapitulative statements referred to in paragraph 1 shall be submitted by electronic file transfer.
Only 4% of businesses liable for VAT submit recapitulative statements and 9% engage in intra‑Community acquisitions of goods.
The amendment of Article 251 of the Directive is aimed at ensuring that information on intra‑Community acquisitions of services is collected inall Member States for cross‑checking with the information in the recapitulative statements.
This complements the Commission proposal to reduce the period of recapitulative statements, and is a key element in tackling intra-Community VAT fraud.
From 1 January 2010 the recapitulative statements will also include information on supplies of services in the Member State of the customer for which the customer is liable for payment of VAT.
In particular the obligations for taxable persons to be identified for VAT andto complete recapitulative statements should apply consistently in all Member States.
Economic operators have to provide recapitulative statements of all their intra-Community supplies of goods to customers holding a VAT identification number.
Such differences undermine theutility of the legislative proposal on reducing timeframes for the recapitulative statements and VAT returns currently being discussed in the Council.
(b) information from recapitulative statements on intra-Union supplies collected from the recapitulative VAT statements in accordance with Articles 264 and 265 of Directive 2006/112/EC.
This proposal complements the Commission proposal(COM(2008) 147)on the shortening of the timeframe for recapitulative statements by simplifying the rules on the chargeability to tax for intra-Community supplies.
Where the tax becomes chargeable on cross-border supplies of services, this has already given rise to a proposal to amend the rules to create a common tax point in order toensure accurate exchange of information on recapitulative statements for services.
The issue of imposing reporting obligations for recapitulative statements on intra-Community acquisitions has been discussed in several Fiscalis seminars and project groups.
The proposal is aimed primarily at harmonising andreducing to one month the period for declaring intra‑Community transactions in the recapitulative statements referred to in Title XI, Chapter 6, of Council Directive 2006/112/EC.
Consequently, such deliveries will no longer be reported in recapitulative statements, while the receipt and delivery of goods between the UK and the EU will no longer be subject to the intrastat reporting.
The rules concerning the chargeability of VAT on intra-Community supplies of goods should be simplified in order toensure the uniformity of the information submitted in recapitulative statements and the timeliness of the exchange of information by means of those statements. .
By obliging the Member States to accept recapitulative statements by electronic file transfer, the proposal in certain cases relieves taxable persons of complex data‑entry obligations.
Article 22 of the Sixth Directive, in the version resulting from Article 28h thereof, imposes several obligations on persons liable to payment under the internal system, concerning, in particular, account keeping, invoicing,VAT returns and recapitulative statements which they are required to lodge with the tax authorities.
Moreover, the reduced timeframe for submitting and transmitting recapitulative statements has accelerated information exchange, thereby providing tax administrations with an important advantage5.
These include recapitulative statements, recording requirements, documentation requirements, declaration obligations, invoicing requirements(electronic invoicing), registration requirements in other Member States, and the distinction between the supply of goods and services.
It is important torecall that the information Member States receive through the recapitulative statements submitted by the suppliers of goods is their main, if not only piece of information in relation to intra-Community acquisitions taking place on their territory.
It also introduces a special rule regarding recapitulative statements whereby a separate VAT identification number would not be necessary for the purpose of submitting recapitulative statements where these statements are required in cases such as the transfer by a taxable person of his own goods to another Member State.
The change regarding the shortening of the time period covered by recapitulative statements is anyway envisaged under the current system- the Commission is in the course of presenting the relevant proposals in response to the invitation formulated by ECOFIN in June 2007- and the extension of the reporting obligations to taxable persons acquiring goods is likely to result only in limited costs.
Q9: Do I need a valid VAT number for my recapitulative statement?
To submit a recapitulative statement of intraCommunity transactions(paragraph 6(b) 9).
The recapitulative statement shall be drawn up for each calendar month within a period not exceeding one month and in accordance with procedures to be determined by the Member States.
Supplier reports the correct value of supplied goods andVAT ID number of his customer in the Recapitulative Statement.
The Commission hasalready proposed shortening the time period for which the recapitulative statement is submitted from three months to one month7.
Companies would no longer have to prepare a list ofcross-border transactions for their tax authority(the so-called"recapitulative statement").