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New Reporting Requirements for Cross-Border Payment Service Providers Beginning 2024

Legislation implementing the Central Electronic System of Payment Information (CESOP)—a centralized European system for collecting and exchanging cross-border payment information aimed at detecting and combatting value added tax (VAT) fraud in cross-border internet sales of goods and services—was published in the Polish journal of laws on 24 May 2023.

Source: KPMG

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