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NEWSLETTER 31/05/2023

EU Taxation and Customs

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A simpler, smarter and safer Customs Union

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Earlier this month, the European Commission put forward proposals for the most ambitious and comprehensive reform of the EU Customs Union since its establishment in 1968.

The measures proposed present a world-leading, data-driven vision for EU Customs, which will massively simplify customs processes for business, especially for the most trustworthy traders. At the same time, customs authorities will have the tools and resources they need to properly assess and stop imports which pose real risks to the EU, its citizens and its economy. Last but not least, the reform introduces much more transparency and peace of mind for consumers when it comes to e-commerce.

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New transparency rules for cryptocurrencies

At their May meeting, EU Finance Ministers found political agreement on a Commission proposal to help EU countries shine a light on taxation in the crypto-asset sector. For this month’s interview, we spoke to Henrik Paulander, one of the TAXUD officials who helped design the new transparency rules, and asked him to explain why the new system is needed and how it will work! 

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Fighting VAT fraud through cooperation

Did you know that thanks to the EU’s Transaction Network Analysis (TNA) tool, cross-border VAT fraud can be detected at a much earlier stage? According to new figures, the anti-fraud network Eurofisc uncovered €10.9 billion in fraudulent transactions in 2022 using the TNA.

 
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Have Your Say on how to tackle the illicit trade in drug pre-cursors

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The production of illegal drugs requires chemicals - known as drug precursors – which are also used to make legitimate medicines, cosmetics and perfumes. Now, our EU rules need to be updated to prevent these products ending up in the wrong hands. Our public consultation on how to better tackle their illicit trade is open until 7 June.

Have your say

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Survey for market operators on the provision of IT service management support services

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Are you an IT service provider? Take part in our online survey to help us prepare a market analysis that may feed into future tender specifications launched by DG TAXUD.

Survey

DG TAXUD's 2023 Management Plan is now online

Check out our work programme for the year.

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Directorate-General for Taxation and Customs Union

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ISSN: : 2600-5425