Luxembourg, 08/06/2010 (Agence Europe) - On Tuesday 8 June, EU27 finance ministers agreed in principle on draft legislation to give more teeth to EU Regulation°1798/2003/EC on administrative cooperation to tackle value-added tax (VAT) fraud (see EUROPE 9958). The United Kingdom abstained due to parliamentary restrictions. The agreement in principle covers the creation, as soon as the new EU rules come into force, of a “Eurofisc” information exchange network for tackling VAT fraud, based...