Project description DEENESFRITPL Advanced technologies against VAT fraud Fraud related to Value Added Tax (VAT) results in billions of euro worth of losses for the EU and its Member States. It also undermines the very foundation of the EU’s internal market. Advanced technologies like Big Data analysis and complex algorithms can significantly restrict VAT fraud in the EU. The EU-funded VATTECH project will investigate the role of new technologies in reporting, collection and auditing of VAT from a legal perspective. The project will map the advanced technologies used within the VAT area and identify those that are the most efficient. It will also assess the functionality and consistency of these technologies in terms of taxpayer rights, the EU legal framework and the potential for harmonisation. Show the project objective Hide the project objective Objective Billions of euros are being lost yearly by EU Member States (MS) due to fraud related to Value Added Tax (VAT) . VAT fraud erodes budgets of both MS and the EU and leads to distortions of competition. It affects honest businesses and consumers and violates the very fundaments of the Internal Market. The loss of tax revenue impedes the fulfilment of redistributive tasks of the MS and thus their role in protection of basic economic and social rights of individuals. The advancement of new technologies – including big data analysis and ever more complex algorithms – has the potential to significantly reducing VAT fraud across the EU. The overall aim of the project on “New technologies in VAT reporting, collection and auditing: legal opportunities and challenges” (VATTECH) is to investigate – from a legal perspective - the opportunities and challenges in the use of new technologies in reporting, collection and auditing of VAT. I will do this by:a) Mapping the new technologies used within the VAT area, identify the most efficient ones along with the legal base and background related to these technologies;b) Evaluating the identified technologies based on functionality and consistency with taxpayer’s rights, and the existing EU’s legal framework;c) Based on a) and b), assessing the potential (functional as well as legal) for extension and harmonization of the evaluated technologies to the whole of EU.My ambition is to provide important, new insights into the EU VAT system, and through that, to make a significant contribution to the improvement of the tools to combat VAT fraud, administrative cooperation and exchange of information on VAT between and across EU MS. Fields of science natural sciencescomputer and information sciencesdata sciencebig datasocial sciencessociologygovernancetaxationsocial scienceslawinternational law Keywords value added tax European VAT tax avoidance tax fraud new technologies tax administration human rights fundamental freedoms Programme(s) H2020-EU.1.3. - EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions Main Programme H2020-EU.1.3.2. - Nurturing excellence by means of cross-border and cross-sector mobility Topic(s) MSCA-IF-2020 - Individual Fellowships Call for proposal H2020-MSCA-IF-2020 See other projects for this call Funding Scheme MSCA-IF - Marie Skłodowska-Curie Individual Fellowships (IF) Coordinator KOBENHAVNS UNIVERSITET Net EU contribution € 219 312,00 Address NORREGADE 10 1165 Kobenhavn Denmark See on map Region Danmark Hovedstaden Byen København Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 219 312,00