EU Parliament Approves Measures to Cut E-Commerce VAT Fraud

The European Parliament has announced its adoption on 17 December 2019 of legislation to cut e-commerce VAT fraud.

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MEPs supported measures on Tuesday designed to fight e-commerce VAT evasion that would help cut some of the €137 billion lost each year across the EU to VAT fraud.

The measures, contained in two pieces of legislation spearheaded through the Parliament by Lídia Perreira (EPP, PT) and debated on Monday, require payment service providers to collect cross-border e-commerce …