Today, The committee published Recommendation on strengthening cooperation between the EU and Norway with a view to combating fraud and collecting claims in the field of value added tax (VAT).
The EU-Norway Agreement on Administrative Cooperation, Anti-Fraud and Assistance in the Collection of VAT Receivables first entered into force in 2018 and is the first such agreement with a third country. It is estimated that through the already successful relationship in this area, Member States have been informed of possible losses of € 5 billion due to VAT fraud from 2020 to date. The agreement allows the EU and Norwegian tax authorities to exchange information and carry out joint actions VAT fraud, similar to those implemented within the EU. With its current recommendation, the Commission seeks the green light from the Member States to resume negotiations with Norway further strengthen cooperation, in particular through new tools for the exchange of information and through joint research.
Nikos Andritsos
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