Swedish Tax Agency Prevents SEK 534 Million VAT Fraud, Supports Mandatory E-Invoicing Measures

• The Swedish Tax Agency prevented incorrect VAT payments of SEK 534 million in 2024 to combat VAT fraud
• Announcement made on 14 April 2025
• EU’s VAT in the Digital Age package aids in fraud prevention
• Mandatory e-invoicing for cross-border transactions in the EU starts 1 July 2030
• Organised crime uses companies for fraudulent tax funds, causing societal financial losses
• The Tax Agency supports national e-invoicing rules to prevent VAT fraud
• Agency calls for a government inquiry into mandatory e-invoicing for all domestic business transactions in Sweden

Source: regfollower.com

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.