Compulsory Transmission & Exchange Of Cross-border Payment Data To Fight VAT Fraud As Of 2024

Authors :: Grekas, Michael C.
Source :: Mondaq Business Briefing. December 22, 2022
Publication Year :: 2022
Abstract: In accordance with Regulation (EU) 2020/284 and Directive (EU) 2020/283, the EU in another endeavor to detect and eliminate fraud in VAT, will implement CESOP, namely the Central Electronic System [...]

Subjects :: Transborder data flow -- Laws, regulations and rules
Tax evasion -- Laws, regulations and rules
Value-added tax -- Laws, regulations and rules
Online payment services -- Laws, regulations and rules
Government regulation
Online payment services
Business, international

Tools