Description: Transaction Network Analysis is an anti-VAT fraud tool from the European Commission that enables Member States to swiftly exchange and collectively process VAT data. This leads to the early detection of suspicious networks. Additional information: Transaction Network Analysis is a sophisticated tool designed to combat VAT fraud within the European Union. It allows for the rapid exchange and joint processing of VAT data between Member States. This tool is particularly useful in identifying and detecting suspicious networks that may be involved in fraudulent activities. By using this tool, Member States can more effectively monitor VAT transactions, identify potential fraud, and take appropriate action in a timely manner. The tool is part of the European Commission's broader efforts to strengthen the EU's VAT system and combat fraud. Example: For instance, if a company in one Member State is suspected of fraudulent VAT activities, the Transaction Network Analysis tool can be used to quickly share this information with other Member States. This allows for a coordinated response and the potential to halt the fraudulent activities before they cause significant damage. Similarly, the tool can be used to identify patterns of suspicious activity across multiple Member States, providing a more comprehensive picture of VAT fraud within the EU. Publisher: European Commission Source: https://ec.europa.eu/taxation_customs/business/vat/action-plan-vat/single-vat-area_en LOST view: TVA-Tax Management Enablers [Motivation] Identifier: http://data.europa.eu/dr8/egovera/TransactionNetworkAnalysisApplicationService EIRA traceability: eira:DigitalSolutionApplicationService ABB name: egovera:TransactionNetworkAnalysisApplicationService EIRA concept: eira:SolutionBuildingBlock Last modification: 2023-07-28 dct:identifier: http://data.europa.eu/dr8/egovera/TransactionNetworkAnalysisApplicationService dct:title: Transaction Network Analysis Application Service