Report on the proposal to introduce a data reporting obligation for payment service providers (PSPs). European Parliament agreed with the compromise text and only included a few suggestions for amendment (e.g. introducing a value threshold in addition to the quarterly threshold on the number of transactions performed or increasing the data archiving period from 2 to 3 years).
Source European Parliament
Latest Posts in "European Union"
- Playing Music Without Required License Is a Taxable Service, Says Advocate General
- PEM Zone: Implementation Status and Legal Fragmentation of Revised Origin Rules from January 2026
- Innovative Customs Education Workshop Spurs Collaboration; Final Chance for Universities to Apply for EU Recognition
- Briefing documents & Podcasts: VAT concepts explained through ECJ/CJEU cases on Spotify
- Navigating VAT Exemptions: Recent ECJ Judgments and Their Implications for Intra-Community Transactions and Imports
