On 22 June 2018, the Council approved an agreement with Norway aimed at boosting cooperation in the area of VAT.
The agreement, signed in Sofia on 6 February 2018, provides EU member states and Norway with a legal framework for administrative cooperation in:
- preventing VAT fraud;
- assisting each other in the recovery of VAT claims.
The agreement follows the same structure that is currently used for cooperation between the EU’s member states. It provides for the same instruments, such as electronic platforms and e-forms. Fraud schemes often exploit weaknesses in the way VAT transaction chains are controlled when they include counterparts located in third countries.