- Sweden proposes expanding tax agency powers to fight VAT fraud.
- Measures include stricter VAT registration vetting, authority to refuse or revoke registrations, and faster flagging of unreliable taxpayers in the EU system.
- New restrictions on VAT refunds will apply if tax evasion is suspected.
- Proposal awaits parliamentary approval and could take effect July 1.
Source: news.bloombergtax.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.
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