The European Commission announced it closed the infringement procedures against Cyprus (INFR(2024) 0016) and Romania (INFR(2024) 0122) for failing to transpose the Amending Directive to the VAT Directive (2020/284) on 3 October 2024.
This directive introduces specific requirements for payment service providers (PSPs). The European Commission initiated this procedure by sending Cyprus and Romania a formal notice letter on 24 January 2024.