- On 2 June 2026, the European Parliament’s FISC subcommittee will hold a public hearing on combating VAT fraud through the reverse charge mechanism.
- The hearing will focus on how well the mechanism helps prevent Missing Trader Intra-Community (MTIC) fraud in the EU VAT system.
- It will examine the current rules under Articles 199a and 199b of Directive 2006/112/EC, which apply until 31 December 2026.
- Members will discuss possible improvements and whether the mechanism should be extended beyond its current deadline.
- The broader impact on the EU VAT framework, tax compliance, and cross-border fraud prevention will also be considered.
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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