CESOP (Central Electronic System of Payment Information) CESOP is a tool that helps EU countries more easily identify those liable persons who sell goods or services online in the EU and do not pay VAT from these sales. CESOP is a database containing information on payment recipients and payments. Payment service providers (e.g., banks) based…
CBAM – European Union’s Mission for Decarbonizing the World (Part 2) In the first part of the article about CBAM, we discussed the obligations that liable persons have during the transition period. In this article, we will present the final period, which begins on January 1, 2026. The transition period is primarily intended for learning…
CBAM – European Union’s Mission for Decarbonizing the World (Part 1) CBAM is a mechanism for carbon adjustment at the EU borders. The mechanism ensures that the import of carbon-intensive goods will also be financially burdened with the mandatory purchase of CBAM certificates. The EU aims to ensure equal treatment of carbon-intensive goods regardless of…