08/01/2024 (Agence Europe) – New transparency rules came into force on Monday 1 January to help EU Member States combat Value Added Tax (VAT) fraud. Adopted in February 2020 by the EU Council (see EUROPE B12428A24, B12366A4), this regulation will provide national tax authorities with information on payments and thus make it easier to detect fraud, targeting e-commerce more specifically. “By harnessing the information collected by payment service providers such as banks and credit...