Slovenia Parliament Considers Bill to Amend VAT Rules, Transpose EU Directive

The Slovenian Parliament Oct. 9 accepted for consideration Bill No. 00704-357/2023/2, to amend VAT rules by transposing EU Directives 2020/284, introducing certain VAT requirements for payment service providers. The bill includes measures to: 1) define entities liable for reporting data and information on cross-border payment transactions; 2) establish new electronic recordkeeping requirements for providers executing more than 25 cross-border payments made to the same payee in a quarter; 3) provide administrative tools to more effectively combat VAT fraud in international e-commerce; 4) introduce rules for calculating payment thresholds, and for determining the locations of payers and payment recipients; 5) extend ...