EU Commission VAT Team Discusses CESOP: Closing the VAT Gap through Improved Data Collection

• Costantino Lanza and Simone Brogi from EU Commission’s VAT team discuss CESOP
• CESOP is a new VAT Central Electronic System of Payment Information
• Purpose is to reduce VAT gap by helping tax authorities identify online sellers
• CESOP is a centralized database for tax administrations to send relevant data

Source: charteredaccountants.ie

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