Spain has raised concerns regarding a proposed EU bill that would require member states to share VAT information with anti-fraud agencies.<\/p>\n
The proposal, introduced by the European Commission in November, is intended to strengthen cooperation in tackling VAT fraud across the European Union. Approval of EU tax legislation requires unanimity among all 27 member states, and Spain\u2019s position may affect the planned adoption timeline.<\/p>\n
Key elements of the proposal<\/p>\n
Allows the European Public Prosecutor\u2019s Office and OLAF to access national VAT data where fraud is suspected<\/p>\n
Involves the use of the Eurofisc network for information exchange between tax authorities<\/p>\n
The European Commission has stated that VAT fraud results in approximately \u20ac90 billion in lost revenue annually within the EU.<\/p>\n
Spain\u2019s concerns<\/p>\n
Spain has identified issues in the draft text, including:<\/p>\n
Uncertainty regarding whether VAT data should be shared directly with anti-fraud agencies or indirectly through existing cooperation frameworks<\/p>\n
Inconsistencies in provisions governing access to data by the agencies<\/p>\n
One provision limits access to cases where audit logs exist<\/p>\n
Another allows broader access where VAT fraud is suspected<\/p>\n
Spain has proposed amendments to address these discrepancies ahead of the upcoming meeting of EU finance ministers in Brussels.<\/p>\n","protected":false},"excerpt":{"rendered":"Spain has raised concerns regarding a proposed EU bill that would require member states to share VAT information…\n","protected":false},"author":2,"featured_media":16635,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2164,17],"class_list":{"0":"post-16634","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-spain","8":"tag-eu","9":"tag-spain"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/16634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=16634"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/16634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/16635"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=16634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=16634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=16634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}