EU Parliament Approves Norway VAT Agreement Update for Joint Audits and Information Sharing

• The European Parliament’s economic and monetary affairs committee backed an update to the EU agreement with Norway on VAT fraud
• The update would enable joint audits involving EU and Norwegian officials
• It would allow sharing of more information on imports and vehicles
• The agreement would be adapted to current EU data protection rules
• The update was considered non-controversial and aimed at improving cooperation.

Source: news.bloombergtax.com

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