Online and mobile banking
The Directorate-General for Taxation and Customs Union (DG TAXUD) is a department of the European Commission responsible for developing and implementing the European Union’s tax and customs policies.
Its mission is to ensure that taxation systems across Member States are fair, transparent, efficient, and resistant to fraud or abuse while customs authorities protect the EU’s external borders and enable smooth trade.
Neo Finance supports DG TAXUD’s objectives through strict compliance with European tax regulations and by contributing to initiatives that strengthen fiscal integrity, cross-border cooperation, and sustainable economic growth throughout the Union.
DG TAXUD plays a central role in shaping the EU’s economic and fiscal landscape. Its main responsibilities include:
Through these policies, DG TAXUD fosters a single, well-functioning EU market where legitimate trade and taxation support a competitive and responsible economy.
As a regulated financial institution operating across the European Union, Neo Finance ensures full alignment with DG TAXUD’s tax transparency and anti-fraud standards.
Our cooperation focuses on compliance, information sharing, and innovation.
Neo Finance maintains precise reporting and documentation in accordance with EU and national tax laws. We actively participate in initiatives designed to increase transparency in financial reporting, including compliance with the Directive on Administrative Cooperation (DAC 6) and automatic exchange-of-information frameworks.
Our systems are designed to detect patterns that may indicate VAT carousel fraud, false invoicing, or cross-border tax manipulation.
When such risks are identified, Neo Finance cooperates with competent authorities — including national tax administrations and DG TAXUD-led networks — to help ensure that illicit activities are identified and prevented.
Neo Finance contributes to the EU’s transition to digitalized tax reporting and real-time transaction monitoring.
By integrating our platforms with secure EU-standard APIs and adopting e-invoicing and e-reporting solutions, we help improve efficiency, reduce human error, and ensure compliance with the Union’s evolving digital-finance framework.
Our Compliance and Tax teams engage with DG TAXUD initiatives that promote information exchange among financial institutions.
We provide anonymized, GDPR-compliant data insights that help identify trends in cross-border taxation risks and financial-crime typologies, supporting proactive policy development.
Internally, Neo Finance trains its teams on EU tax law updates, including directives and guidelines issued by DG TAXUD.
This continuous learning ensures that all operations remain compliant, transparent, and aligned with best-practice standards in European fiscal governance.
The partnership between Neo Finance and DG TAXUD strengthens Europe’s ability to maintain a fair, efficient, and transparent tax system.
| Objective | Impact |
|---|---|
| Promote fair taxation | Equal treatment of businesses and citizens across Member States |
| Combat tax evasion | Protects EU and national revenues from loss |
| Enhance cross-border cooperation | Improves transparency and enforcement between jurisdictions |
| Support digital transformation | Creates a modern, efficient, and fraud-resistant tax environment |
By aligning our practices with DG TAXUD’s goals, Neo Finance helps foster public trust, fiscal responsibility, and sustainable growth throughout the European Union.
Neo Finance and DG TAXUD share a vision of a Europe where tax systems are transparent, efficient, and equitable.
Through innovation, compliance, and collaboration, we aim to:
Together, we contribute to a more secure, cooperative, and transparent European economy.
