The European Commission envisions EU states working together to prevent fraud. They point to the €150 billion Vat Gap between the amount due and the amount collected, and believe that only through harmonization can member states close that gap. However, member states want to protect their independent tax sovereignty, and aren’t interested in consolidating the system.
With the European Commission at odds with member states, it has people wondering what the future of VAT looks like in Europe.
Source: way2vat.com
Latest Posts in "European Union"
- Comments on ECJ C-515/24: ECJ Upholds Spanish VAT Deduction Ban for Entertainment Expenses at Accession
- EU Court Clarifies VAT Deduction Rights, Limits Formal Barriers in Key 2026 Rulings
- Comments on ECJ case C‑436/24: Loyalty Points and In-Game Currencies Are Not Vouchers for VAT Purposes
- Online Workshop: Simplifying EU Excise Procedures – Share Experiences and Propose Solutions
- Comments on ECJ Cases C-409/24 bis C-411/24: Separate VAT Rates for Hotel Services and Ancillary Benefits in Germany
