16/12/2008 (Agence Europe) - On Tuesday 16 December, the Council adopted two proposals (one for a directive, the other for a regulation) to strengthen the fight against Value Added Tax (VAT) fraud (see EUROPE 9775). The unanimous political agreement provides for monthly VAT submissions with effect from 2010, both by the trader to his/her national tax authority and between member states' tax authorities. Excluded from this are the supply of services and traders whose quarterly turnover is...