With the help of the payment information, the Member States of the European Union should be able to better combat VAT fraud, especially in the area of cross-border e-commerce. Through access to the payment data of the payment service providers, the tax authorities should receive information that was previously not or not directly available. This should enable the tax administration to identify fraudulent businesses more quickly and to determine in which Member State supplies of goods and services are deemed to have taken place, in particular in accordance with the provisions of Title V of Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (OJ L 347, 11.12.2006, p. 1).