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EU: New system to address VAT fraud

EU: New system to address VAT fraud

The European Commission today announced a new system for EU Member States to exchange and process value added tax (VAT) data rapidly.


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As noted in the EC release, the new tool—the transaction network analysis—reflects efforts to address VAT fraud and to put in place a modern and fraud-proof VAT system.

  • The new system will allow EU Member States’ tax authorities to have fast and easy access to cross-border transaction information, leading to quick action when potential VAT fraud is flagged.
  • The new system is intended to enhance cooperation and information exchange between national tax officials, allowing them to cross-check information with criminal records, databases and to coordinate cross-border investigations.

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