Spain a Holdout Before EU Ministers Value-Added Tax Fraud Talks

Spain is unwilling to approve a bill to require that EU countries share value-added tax information with the bloc’s anti-fraud agencies, saying changes need to be made to the text.

Madrid’s position threatens the approval of the bill, which had been expected next week at a meeting of EU finance ministers in Brussels. EU tax legislation requires the unanimity of all 27 member nations to become law.

The bill, proposed in November, is part of the European Commission’s ...