VAT News

EU/Norway-Fraud prevention deal concluded

Currently within the EU, the mutual assistance recovery directive ("MARD") is in place which enables tax authorities across the member states to share information in order to reduce levels of VAT fraud occurring, however no such deal exists with non-EU countries.

This week, the EU has concluded a deal with the Norwegian tax authorities which will allow for the sharing of information, and will also mean that assistance is given to recover unpaid VAT from businesses.

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