The European Commission has published a study on the possible impact of measures to fight VAT fraud covering reduction of timeframes for the collection and exchange of information on intra-community trade.
One of the proposed measures, the reduction of timeframes for the collection and exchange of information on intra-community transactions, is regarded as a priority measure.
A companion study has been released on the possible impact of measures covering the collection and exchange of more detailed information on intra-community transactions.
The commission has suggested a series of measures to improve the exchange of information, particularly the collection and exchange of more detailed information on intra-community transactions, and the study analyses the possible impacts of this measure on businesses active in intra-community trade.
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