Brussels, 11/10/2010 (Agence Europe) - At the 7 October 2010 meeting of the Justice and Home Affairs Council, EU ministers adopted without debate a new regulation to increase the fight against VAT (value-added tax) fraud.
The main new area of the regulation is the setting up of a group of tax officials from all the Member States called 'Eurofisc' to combat VAT fraud through direct access to a series of information about tax-payers from their colleagues' national tax databases. Using a...