In responding quickly to new and worrying fraud patterns reported by several Member States the European Commission has adopted a proposal for an optional and temporary application of the reverse charge mechanism to supplies of certain goods and services, which will allow Member States to fight carousel fraud in a consistent manner across the European Union. The proposal notably covers greenhouse gas emission allowances that have been the object of VAT fraud during last summer. For more click here.
6th October 2021
9th July 2021