Posted: 26 February 2007
Issue: Online only
Categories: Update, News, CT: European Law, VAT

EU and VAT fraud

European law enforcement and tax authorities pledged greater co-operation and agreed practical ways to jointly fight a multi-billion pound criminal attack on the VAT system at a recent summit hosted by HMRC. To improve the EU's response to VAT fraud:

• there will be designated contact points with each Member State on criminal and civil investigations;
• Member States will exchange information better and faster;
• Member States must develop a common approach to civil interventions under EU VAT law and to improve the quality and speed of response;
• Europol to develop and MTIC fraud threat assessment to support prioritisation and targeting of criminal interventions.

HMRC news release dated 21 February 2007

Share this page

• Add new comment
• Printer-friendly version