EU Takes Step Toward VAT Talks With Russia, Norway

Law360, New York (February 6, 2014, 1:51 PM EST) -- The European Commission said Thursday it has launched the process to start negotiations with Russia and Norway in an effort to form agreements on how to battle cross-border value-added tax fraud.

The commission says the goal would be to form administrative cooperation agreements to establish a framework of mutual assistance in combating VAT fraud and helping each country recover the VAT that it is due. In order to move forward, the commission is asking member states for a mandate to start the negotiations with Russia and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.