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Czech President Signs Law Implementing New Reporting Obligations for Payment Service Providers to Combat VAT Fraud

|Approved Changes|Czech Republic
Czech Republic

According to an update from the Czech Parliament, President Petr Pavel signed On 14 December 2023 the law for the implementation of new reporting obligations for payment service providers from 1 January 2024 as introduced 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 …

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