As EU countries get a grip on VAT fraud, companies brace for higher compliance costs

Alexander Hartley

May 13 2019

Companies in the EU are worried that their compliance costs will increase as tax authorities move to close their VAT gaps and clamp down on fraud, after a recent investigation estimated that carousel fraud is costing EU member states €50 billion ($56 billion) a year.

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Alexander Hartley

Reporter ITR

Alexander reports on indirect tax matters, BEPS, and related tax disputes. He is ITR’s main reporter on efforts to tax the digital economy, including digital services taxes and attempts at a multilateral reform of corporation tax.

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