New EU VAT legislation was formally adopted last week which will have a significant impact for regulated payment service providers (PSPs) in the EU and (we anticipate) the UK. PSPs will have to report details regarding their services from 1 January 2024.
Source Bird & Bird
Latest Posts in "European Union"
- New SDEU Ruling May Allow Earlier VAT Deduction Without Waiting for Invoice Receipt
- Input Tax Deduction and Gratuitous Value Transfers: New BMF Guidelines Effective from 2026
- Parcels from outside the EU 5 euros more expensive from November due to extra import duties
- EU Financial Sector Tax Reform: Divided Parliament Debates VAT, IPT, and FTT Amendments
- Online workshop – Reality check on the revision of eInvoicing Directive (April 27)
