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
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In an era where digital transactions are the backbone of the global economy, ensuring the integrity
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.
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 […]
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...
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.