- Slovenian lower house of Parliament considering Bill No. 1121-IX to amend VAT Act
- Bill aims to harmonize VAT rules with EU Directive 2020/284 on combating VAT fraud in cross-border e-commerce
- Measures in the bill include defining entities responsible for reporting data on cross-border payment transactions
- New electronic recordkeeping requirements for providers executing more than 25 cross-border payments to the same payee in a quarter
- Administrative tools to combat VAT fraud in international e-commerce
- Introduction of rules for calculating payment thresholds and determining locations
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
