Background

VAT Fraud

VAT fraud is one of the most severe threats to EU’s Inner Market.  Recently estimated to cost the EU more than €150 billion annually solving this issue is therefore a top priority.
The legislation has evolved over the years to counter the fraud – the latest contribution is EU-2011/282. The table below summarizes the major contributions to EU legislation.

EU Legislation

DirectiveAim/subject
Regulation 2011/282Implementation of Measures
Regulation 2010/904Combat VAT Fraud
Directive 2010/45Invoicing Instructions (VAT)
Directive 2008/8Place of Supply
Directive 2006/112Common VAT System
Directive 2006/69Combat VAT Fraud
Regulation 2003/1798Admin cooperation on VAT
Directive 1977/388Common VAT System