Belgian super-weapon against VAT fraud to be rolled out in EU: Transactional Network Analysis

European member states will receive a ‘super weapon’ against VAT carousels later this year. The Transactional Network Analysis (TNA) is Belgian-made data mining software with which smart algorithms can quickly uncover suspicious transactions that indicate a VAT carousel.

Source: tijd.be and taxlive.nl (both in Dutch)

---

---