rec_4

(4) For the vast majority of cross-border online purchases made by consumers in the Union, payments are executed through payment service providers. In order to provide payment services, a payment service provider holds specific information to identify the recipient, or payee, of the cross-border payment together with details of the date, the amount and the Member State of origin of the payment. Such information is necessary for tax authorities to carry out their basic tasks of detecting fraudulent businesses and determining VAT liabilities in relation to cross-border business-to-consumer’ supplies. It is therefore necessary and proportionate that the VAT-relevant information, held by payment service providers, is made available to the Member States and that the Member States can store it in their national electronic systems and transmit it to a central electronic system of payment information in order to detect and combat cross-border VAT fraud, particularly as regards business-to-consumer’ supplies.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-13 · Text as adopted (Official Journal); later amendments are not incorporated in this text.