BDO locations BDO login CONTACT Alexander Leppink (026) 352 56 25 Send an email All our specialists THE NETHERLANDS Contact Home About BDO Branches Services News Publications Themes Work at Home / Themes / SBR Anti-Corruption Tax package 2014 Commissioners Family businesses Innovation Retirement provision Efficiency improvement SBR Benefits SBR SBR reports Support SBR FAQ SEPA Soft Controls Asset management STANDARD BUSINESS REPORTING (SBR) / XBRL An efficient way of reporting SBR stands for Standard Business Reporting. SBR is a concept based on standardization of data, processes and technology. The aim of SBR is to ensure that entrepreneurs and intermediaries can produce their mandatory reports to governments and banks in a more efficient and reliable manner. The ultimate result is tax relief in the reporting process. By setting up the business administration once, SBR ensures the reuse of data in various reports to requesting parties. Among other things, tax returns, statistics and filing annual accounts will be possible via SBR. XBRL In order to achieve an efficient exchange of financial data, it was decided to only use generally accepted IT standards, such as XBRL. XBRL stands for eXtensible Business Reporting Language. XBRL is an XML-based (international) digital standard that enables economic operators (governments, companies, institutions, supervisors, banks, etc.) to communicate financial data both internally and externally, in a dynamic and unambiguous manner. SBR as the only delivery method As of January 1, 2013, SBR is the only (system-to-system) method for submitting income tax and corporate income tax returns to the Tax Authorities for the tax year 2012. This obligation will follow shortly for other tax returns, statistical returns and the filing of annual accounts. . It is therefore important to prepare yourself well for this. Origin SBR The initiative to develop SBR comes from accountants in the United States who saw advantages in making information available electronically to analysts, investors and financial institutions, as well as for their own use in their audit. It soon became apparent that governments and regulators were very interested in this. SBR has been developed and is maintained by SBR International, a consortium of approximately 350 organizations worldwide. To know which data must be selected and exchanged, a taxonomy is used in which the data is recorded and described; a kind of data dictionary. More information about SBR / XBRL