Understanding CESOP: the European strategy for combating VAT fraud in e-commerce
In an era where digital transactions are the backbone of the global economy, ensuring the integrity
Source: finextra.com
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New EU rules on cross-border payments in force 1 January — EUbusiness.com | EU news, business and politics
New transparency rules on cross-border payments designed to help EU Member States tax administrations crack down on Value-Added Tax (VAT) fraud came into force on 1 January.
Bruxelles Capitale Paolo Gentiloni European Commission Value Added Tax Central Electronic System Member States
Source: eubusiness.com
New rules to combat fraud on cross-border payments in the EU in force from 1 January
New transparency rules came into force this 1 January that will help EU Member States to crack down on Value-Added Tax (VAT) fraud. The new rules will provide tax administration of the EU Member States with payment information allowing them to detect VAT fraud more easily, with a particular focus on e-commerce which is particularly […]
Source: eureporter.co
EU's new transparency rules to tackle e-com VAT fraud come into effect
EU implemented new rules to fight VAT fraud in e-commerce. These require payment service providers to monitor and report cross-border payment recipients. Data will be...
Paolo Gentiloni European Commission European Union Beginning Monday Central Electronic System News Desk
Source: fibre2fashion.com
Payment Services and new regulatory challenges
In the coming months, European Payment Service Providers will enter a phase of crucial regulatory changes. It starts with CESOP which enters into force very soon. Building on its payments and compliance experience, LUXHUB’s mission is to provide flexible services that ensure their smooth compliance.
Payment Initiation Service Provider National Tax Administration European Commission Central Electronic System Account Verification Platform Financial Data Access
Source: paperjam.lu
Closing the gap: the 2023 EU VAT Gap Report and beyond | Allen & Overy LLP
The 2023 EU VAT Gap Report, recently published by the European Commission, demonstrates that the VAT gap narrowed again in 2021, continuing the trend that began in 2013. In this...
Rita Simao Luis Mykhailo Razuvaiev Council Directive European Commission Payment Services Directive European Parliament
Source: jdsupra.com
Wolters Kluwer introduces OneSumX for Basel at major client conference
Wolters Kluwer’s Corporate Performance and ESG division set to unveil functionality at Finance, Risk & Regulatory Reporting Client Conference in Sitges, Spain. ...
Comunidad Autonoma De Cataluna Claudio Salinardi Wolters Kluwer Regulatory Update Service Data Management Software Dresner Advisory Services
Source: marketscreener.com
CESOP: what it means for EU payment service providers
Tax specialists from Deloitte Netherlands present an overview of legislation that will have a profound impact on the ever-growing number of organisations that conduct cross-border transactions.
European Commission International Bank Account Number Second Payment Services Directive Central Electronic System Implementing Regulation Business Identifier Code
Source: internationaltaxreview.com