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Commission proposes strengthened co-operation to combat tax fraud

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The European Commission has proposed an amendment to strengthen co-operation between the European Public Prosecutor's Office (‘EPPO'), the European Anti-Fraud Office (‘OLAF'), and member states. The proposal provides a legal basis for the exchange of information and access to VAT data, enhancing the EU's ability to combat fraud against the financial interests of the Union.

By introducing real-time digital reporting of cross-border trade as part of the ‘VAT in the digital age' package, Member States will get the valuable information they need to step up the fight against VAT fraud, especially carousel fraud.

Climate, Net Zero and Clean Growth Commissioner Wopke Hoekstra (pictured) said: “Fighting VAT fraud is a priority for me and for the Commission. This proposal will strengthen our ability to safeguard our financial interests and ensure fair play in the Single Market. Those who seek to profit through fraud will be held to account. With digital tools and better information sharing, we're building a stronger, fairer tax system for everyone.”

A press release is available online.

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