- New reporting obligations for EU financial institutions from 1 January 2024
- Obligation to disclose cross-border payment data known as CESOP
- CESOP aims to address VAT gap and fraud in e-commerce
- Rules will impact EU payment service providers
- First CESOP filings due by 30 April 2024
- European Commission has published updated guidance on CESOP requirements
Source: taxscape.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
