On 6 December, the Council of European Energy Regulators, ENTSO-E and seven other European energy associations presented a joint statement on how to prevent VAT fraud in the gas and electricity sector.
Although the ultimate responsibility for tackling VAT fraud lies with the tax investigation authorities, the signatories confirm through their joint statement their commitment to take action within their respective competences and legal frameworks and to cooperate with other stakeholders at European and national level to minimise the threat of a spill-over of VAT fraud into electricity and gas trading in the short and medium term.
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Although the ultimate responsibility for tackling VAT fraud lies with the tax investigation authorities, the signatories confirm through their joint statement their commitment to take action within their respective competences and legal frameworks and to cooperate with other stakeholders at European and national level to minimise the threat of a spill-over of VAT fraud into electricity and gas trading in the short and medium term.
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