VAT news tagged as "Inspections"

Europe

VAT audits on the rise for EU

July 25th, 2012

Businesses, large and small, trading in the EU will require to ensure their European VAT compliance is fully watertight to withstand increased questions from their local tax authorities wishing to stamp out VAT evasion and non-compliance. Companies have not generally been accustomed to heavy public audit, based on the limited inspections being carried out by …