Search

European Council announces new measures to fight VAT fraud

The European Council has approved new measures to transmit and exchange payment data in order to fight e-commerce VAT fraud by launching a Central Electronic System of Payment information (CESOP).


According to the European Council, by 2024 CESOP will keep records of cross-border payment information within the EU, as well as payments to third countries, for a period of five years.


The aim is to allow tax authorities to properly control the correct fulfilment of VAT obligations on cross-border Business to Consumer (B2C) supplies of goods and services.



4 views

CONTACT

THOMAS J 

BRIODY & CO

OUR ADDRESS

60 Anne Street, Dundalk, Co. Louth, Ireland, A91 KN28.

Email: info@briodys.ie
Tel:
+353 (42) 9357033

 

Click Here to Find Us

  • LinkedIn Social Icon
  • Facebook Social Icon
  • Yelp Social Icon

For any general inquiries, please fill in the following contact form:

Privacy Policy | Sitemap | © 2019 by Thomas J. Briody & Co. Proudly created by Marketing For Me