Press Release: Council agrees measures to combat VAT fraud

The Council on 21 June 2013 reached political agreement on a package of measures aimed at enabling member states to better combat VAT fraud.

The measures will be based on two directives:
– one aimed at enabling immediate measures to be taken in cases of sudden and massive VAT fraud ("quick reaction mechanism");
– the other allowing member states to implement, on an optional and temporary basis, a reversal of liability for the payment of VAT on the supply of certain goods and services ("reverse charge mechanism").

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