Report on the proposal to introduce a data reporting obligation for payment service providers (PSPs). European Parliament agreed with the compromise text and only included a few suggestions for amendment (e.g. introducing a value threshold in addition to the quarterly threshold on the number of transactions performed or increasing the data archiving period from 2 to 3 years).
Source European Parliament
Latest Posts in "European Union"
- Roadtrip through ECJ Cases – Right to Deduct VAT and ”Substance over form” concept
- GC VAT Case T-363/25 (UNIX) – Order – VAT deductions can not be denied solely due to invoice trustworthiness if the underlying transactions occurred
- ECJ VAT Cases decided in 2025
- General Court T-773/25 (Finanzamt für Großbetriebe) – Questions – Ex Nunc Implications of Late Invoices in Triangular Transactions
- A Guide to cross-border B2B distribution and tolling transactions in Europe: the staggering cost of VAT













