Norway and EU enter anti VAT fraud discussions
- Dec 31, 2014 | Richard Asquith
The EU’s European Commission and Norwegian VAT office have agreed this week to commence discussions on procedures to help reduce the amount of cross-border fraud.
This latest move follows an EU anti-VAT fraud initiative in February with Russia and Norway to pursue joint-mechanisms. It is anticipated that China, Turkey and Canada will join the program in 2015. It is hoped that the US will join too to extend exchanges on potential US Sales Tax fraud.