EC releases two studies on fighting 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

Related reading

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