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Slovenia Implements New Reporting Obligations for Payment Service Providers to Combat VAT Fraud

14 December 2023

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Approved Changes

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Slovenia

Slovenia has published the Law of 24 November 2023 on amendments to the VAT Law, which includes measures for the implementation of new reporting obligations for payment service providers from 1 January 2024 as introduced by Council Directive (EU) 2020/284 of 18 February 2020 amending Directive 2006/112/EC as regards introducing certain requirements for payment service providers]. As per Council Directive (EU) 2020/284, payment service providers offering payment services in the EU are required to monitor the payees of cross-border payments and transmit information on those who receive more than 25 cross-border payments per quarter to the administrations of the Member...