Austria to tackle European VAT fraud
Austria to tackle European VAT fraud
Austria intends to make the fight against fraud in value added tax a cornerstone of its European Union presidency, in an effort to end billions of euros of losses in annual revenues at a time of stretched national budgets.
Karl-Heinz Grasser, finance minister, said Vienna hoped to use its experience in combating VAT fraud on an EU-wide basis during its presidency from January 1.
Soure: news.moneycentral.msn.com