VAT fraud: Council adopts measures to boost administrative cooperation
On 2 October, the Council adopted measures to strengthen administrative cooperation and to improve the prevention of VAT fraud.
The regulation will tackle the most widespread forms of cross-border fraud by improving how tax administrations cooperate amongst themselves and with other law enforcement bodies.
This reform is instrumental in our fight against tax fraud. It will improve the exchange of information between national administrations, as well as the quality and comparability of data.
Hartwig Löger, minister for finance of Austria, which currently holds the Council presidency
The Council reached political agreement on this file on 22 June 2018. The Parliament delivered its opinion on 3 July 2018.
The regulation will enter into force twenty days after its publication in the Official Journal, with most of the provisions being applied as of 1 January 2020.