EU Member States to Intensify Crackdown on VAT Fraud with New Measures

• EU member states will intensify efforts to combat VAT fraud, especially by organized crime groups.
• Cooperation with the European Public Prosecutor’s Office (EPPO) and the European Anti-Fraud Office (OLAF) will be strengthened.
• EPPO and OLAF will gain more direct access to key VAT data on cross-border business transactions.
• The new agreement aims to help authorities prosecute criminals faster and protect EU and national revenues.
• The European Parliament still needs to approve the new measures, expected in July.

Source: taxlive.nl

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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