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Update - Dutch Law Enacted for Implementation of New Reporting Obligations for Payment Service Providers to Combat VAT Fraud

|Approved Changes|Netherlands
Netherlands

On 18 April 2023, the Netherlands published in the Official Gazette the Law of 5 April 2023 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 …

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