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Amendment of EU-Norway Agreement on VAT Cooperation: Enhancing Fraud Prevention and Recovery

  • The proposal addresses the amendment of the Agreement between the EU and Norway on administrative cooperation, fight against fraud, and recovery of claims in the field of value-added tax (VAT).
  • The Agreement allows EU Member States and Norway to cooperate in fighting VAT fraud and recovering claims in the field of VAT.
  • Several amendments and new tools for administrative cooperation have been introduced since 2018, including enhancing the Eurofisc network, introducing joint audits, working with other law enforcement EU bodies, sharing key information, and allowing other means to exchange information.
  • Including these changes in the amendment of the Agreement would enhance cooperation and fight against VAT fraud.
  • The amendment aligns the cooperation between Norway and Member States to the same structure currently in place between EU Member States.
  • The Council can only adopt the decision to conclude the agreement after the European Parliament gives its opinion.
  • The rapporteur welcomes the conclusion of the amendment and agrees that it provides a solid legal framework for cooperation between Norway and Member States.

Source: europarl.europa.eu

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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