DEFINITION OF THRESHOLDS
Thresholds is the Minimum or maximum value (established for an
attribute, characteristic, or parameter) which
serves as a benchmark for
comparison or guidance and any breach of which may call for a complete review of the
situation or the redesign of a system.For each calendar year, every EU Member state shall define a statistical threshold limit based on the value of the annual arrivals and dispatches.
In 2015 the threshold value of the obligation to provide information is EUR 500,000 for arrivals and EUR 500 000 for dispatches in Finland.
COMMENCEMENT OF THE OBLIGATION TO PROVIDE INFORMATION
Once a month the Tax Administration provide the customs with data on the total values of company-specific sales and acquisitions within the internal trade on which basis the commencement of the obligation to provide information is defined during the statistical year.
- If the value of the company's acquisition during one calendar year exceeds 500,000 EUR, the company is obliged to submit statistical declarations on its arrivals only.
- If the value of the company's deliveries during one calendar year exceeds 500 000 EUR, the company is obliged to submit statistical declarations on its dispatches only.
- If the threshold value is exceeded in both intra-community acquisitions and deliveries, the company is obliged to provide information’s on both arrivals and dispatches.
WHO DECLARES THE GOODS DELIVERIES IN INTRASTAT
- The primary responsibility for providing the information lies with the party having incurred the contract concerning the acquisition (arrivals) or delivery (dispatches) of the goods.
The Secondary responsibility lies with the consignee of the goods when arrivals are concerned, and with the consignor when dispatches are concerned, or with the party retaining the goods to be delivered or dispatched.
All information’s are extracted from Intrastat in Finland 2015. TULLI (Customs)
Questions:
What is threshold?
This is the limit declare by each member states (EU Member States) based on the value of annual arrivals and dispatches.
What is the threshold for (Company’s) in Finland for the 2015?
The threshold for company’s Finland for the year 2015 is 500,000 EUR for Arrivals and 500 000 EUR for Dispatches.
When is a company obliged to provide information on Intrastat?
A company is obliged to provide information on intrastat if it’s annual arrivals or dispatches exceeds the annual threshold as set by the state.
