‘Roundtable Tax &’-series: DAC7 & CESOP go-live on 1 January 2024

Virtual roundtable

15:00 - 16:00 CEST / 14:00 - 15:00 GMT / 09:00 - 10:00 EST

The EU will introduce two new tax reporting requirements effectively going live on 1 January 2024, i.e. DAC7 and CESOP.

DAC7 is a new EU tax reporting requirement for online platforms, requiring those platforms to exchange seller information including seller revenues to the EU tax authorities. DAC7 aims to combat tax non-compliance, especially for personal income tax, corporate income tax and VAT.

CESOP is a new tax reporting requirement for payment service providers (PSPs), requiring those PSPs to report certain payment data to the EU tax authorities. CESOP aims to combat VAT non-compliance in cross-border B2C e-commerce and complements the 2021 EU VAT ecommerce recast.

The first DAC7 and CESOP filings are due respectively 31 January 2024 and 30 April 2024. With 2023 entering into Q4, now is the time to accelerate your DAC7 and CESOP preparations.

We are pleased to invite you to our ‘Roundtable Tax &’ on these DAC7 and CESOP developments, which will take place virtually on Tuesday October 10, 2023. To attend the roundtable, please contact us.

Agenda and speakers

Andy van Esdonk and Barbara den Exter will moderate the roundtable. They will recap the DAC7 and CESOP rules, how businesses may be affected, followed by best practices for design and implementation. The roundtable accounts for time to raise questions, share thoughts and exchange experiences with other participants. 

Suggested participants

Tax, Legal and Finance professionals working in the Financial Services, Retail & Consumer or Technology & Communications sectors.

Questions in advance

If there is a particular question you would like us to address during the roundtable, please do not hesitate to contact to contact Andy or Barbara in advance.

Certificate of participation

You can opt to receive a certificate from us as proof of participation in the roundtable. For the Netherlands, in our view, the roundtable meets the conditions set by the Dutch Association of Tax Advisers (NOB) for the allocation of 1 NOB PE hour, which you can register with the NOB.

Roundtable logistics

We will host the roundtable via Microsoft Teams and we will provide you with the dial-in details, agenda and preparation materials in advance. Due to the interactive character of the roundtable, please note that you, your name and your email address will be visible to other roundtable participants during the roundtable and in the Microsoft Teams invitation. By registering for and/or participating in the roundtable you approve of and agree with this.

‘Roundtable Tax &’-series

This roundtable is the next event in our ‘Roundtable Tax &’-series. The purpose of the series is keeping you up to date on relevant Tax developments through interaction with your peers in industry, facilitated by Bird & Bird. The roundtables will be held in English and are free of charge. The roundtables are intended for relations of Bird & Bird only and we reserve the right to refuse participants.