EC releases two studies on fighting VAT fraud
The European Commission has released two studies on the possible impact of measures to fight VAT Fraud
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.
Further reading:
Luxembourg deal paves way for EU VAT
Extending a VAT fraud solution