- 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
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.
