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CESOP and payment service providers’ new reporting obligations from 2024

This new reporting liability for payment services providers is closely linked to the fight against VAT fraudsters as the information transmitted to the centralised database will be cross-checked with other EU tools and made available to Eurofisc to curb cross-border VAT breaches in the e-commerce sphere.
Institutions impacted by these measures must start reporting data on 1 January 2024.

Source: simplyvat.com

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