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14 June 2007
Issue: 7277 / Categories: Legal News , Tax , EU
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TACKLING VAT FRAUD

In brief

The European Commission has been charged with the task of coming up with proposals for tackling VAT fraud that can be implemented by the end of next year. EU ministers last week asked the Commission to come up with specific proposals to allow easier sharing of information between enforcement agencies and to beat intra-EU scams such as carousel or missing trader fraud, where goods are moved through the EU in a chain of transactions, allowing VAT to be reclaimed on each one. The Commission estimates that member states are losing as much as 2.5% of their gross domestic product as a result of VAT fraud.

Issue: 7277 / Categories: Legal News , Tax , EU
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MOVERS & SHAKERS

Withers—Sophie Barrett-Brown

Withers—Sophie Barrett-Brown

Withers drives further growth in its UK immigration team with new partner Sophie Barrett-Brown

Venus Legal—Esther Amoako

Venus Legal—Esther Amoako

Venus Legal invests in next generation of legal talent as specialist litigation practice grows

Fisher Phillips—Catrina Smith

Fisher Phillips—Catrina Smith

Fisher Phillips continues momentum in London with arrival of Catrina Smith

NEWS
Restrictions on workplace non-disclosure agreements could make settlements slower, more complex and more expensive when reforms expected in 2027 take effect
Private prosecutors face closer scrutiny under Crown Prosecution Service guidance designed to strengthen accountability and consistency when intervention is requested
Foreign states cannot necessarily claim immunity for cyber operations launched abroad against computers in Britain, following a divided Supreme Court ruling
Defendants who make unsupported complaints about their lawyers risk losing legal aid while confiscation proceedings continue without representation
Lawyers advising Russian clients face different sanctions restrictions across the UK, EU and US, despite their shared objective of increasing pressure on Russia
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