- EU and Norway signed an agreement to amend existing cooperation agreement on VAT
- Agreement provides new cooperation tools for combating fraud and recovery of claims
- Initial agreement entered into force on 1 September 2018
- Amended agreement introduces new tools in line with EU regulations
- Norway is a major international partner of the EU in VAT policy and cooperation
- Agreement allows for spontaneous and automatic exchange of information, administrative notifications, joint administrative enquiries, simultaneous controls, and Eurofisc
- Extension of cooperation tools will enhance collaboration while respecting data protection principles
Source: taxation-customs.ec.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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