The new CESOP regulations will have far-reaching effects for all EU PSPs, but especially those who provide services in more than one EU Member State. Although CESOP is an EU system, the data is collected on a Member State by Member State level, and no “One-Stop-Shop” is foreseen. EU PSPs will have to file reports in all Member States where they provide qualifying services and deal with all local regulators to ensure compliance.
Source Deloitte
Latest Posts in "European Union"
- Briefing document & Podcast: ECJ Rulings on Reductions of the Taxable Amount through Rebates
- Comments on ECJ C-101/24 (Xyrality) – Judgment on app stores as VAT commissionaires
- ECJ Confirms Deemed Reseller Rule for App Store In-App Purchases
- VAT Challenges in Toll Manufacturing: Goods vs Services Classification Issues
- VAT and Transfer Pricing – Four recent cases @ ECJ/CJEU – 3 cases decided, 1 case pending
