TaxCorporate TaxEC releases two studies on fighting VAT fraud

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

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