Quidea as a member of the Polish Digital Economy Forum “Payments in e-commerce – the state after the pandemic time and in the new reality“.

On October 25, 2022, Magdalena Jaworska, Partner at QUIDEA gave a presentation on “Payments in e-commerce – current tax issues and direction of change“.

The main topic of the presentation referred to the planned changes in the scope of reporting obligations for cross-border transactions taken in the e-commerce market.

“Big VAT is looking…” – this is how we can define the new reporting obligations of payment institutions in cross-border trade.

This new VAT anti-fraud measure will come into effect from 1 January 2024.

We would like to thank the Polish Chamber of E-commerce for the invitation to the Digital Economy Forum and the opportunity to present this topic. That is very important issue, which will soon affect payment service providers (credit card, bank and online payment providers) reporting and record-keeping requirements throughout Europe.