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AADE launches digital application for cross-border payment data submission to combat VAT fraud

  • The digital application for submitting cross-border payment data (CESOP) is now operational by AADE
  • Providers of payment services are required to submit data on cross-border payments to the new digital application of AADE
  • The data is then transferred to the central electronic payment system CESOP of the EU for tax authorities to combat VAT fraud
  • Submission is done through the digital portal myAADE and must be completed by April 30, 2024
  • Relevant institutional framework, submission guide, and instructions are available on the portal
  • Access codes must be issued through the application for data submission

Source: taxheaven.gr

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.

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