Slovenia Gazettes Law Amending VAT Act

The Slovenian Official Gazette Dec. 5 published Law No. 3589, harmonizing VAT rules with EU Directive 2020/284, on payment service provider requirements to combat VAT fraud in cross-border e-commerce. The law includes measures: 1) defining entities responsible for reporting data and information on cross-border payment transactions; 2) establishing new electronic recordkeeping requirements for providers executing more than 25 cross-border payments to the same payee in a quarter; 3) providing administrative tools to more effectively combat VAT fraud in international e-commerce; 4) introducing rules for calculating payment thresholds, and for determining the locations of payers and payment recipients; 5) extending the ...