German members of parliament have called for the adoption of an Italian SdI e-invoice regime to fight large-scale VAT fraud. In addition, they call for Germany to join the Transaction Network Analysis (TNA) tool which enables EU states to share VAT transaction data to identify carousel or missing trader fraud.
This comes as other measures, including the domestic reverse charge, have largely failed as criminal gangs jump between industry sectors and regular businesses are left with cumbersome VAT bureaucracy.
Source Avalara
