- The Revenue has released a new Tax and Duty Manual on Cross-Border Payments Reporting (CESOP) in Ireland.
- Payment service providers (PSPs) will be required to submit data on cross-border payments received by businesses from customers.
- PSPs will submit this information to tax administrations in each EU Member State where they operate.
- Registration for CESOP reporting will begin on February 1, 2024.
- All CESOP filings will be conducted through the Revenue Online Services (ROS) webservice.
Source: globalvatcompliance.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.
