It’s hard not to blink at a sum as large as €134 billion. Unfortunately, this is the exact figure that the European Commission has revealed the European Union is missing out on when it comes to the difference between expected VAT revenue and the amount that is actually collected.
Source: finance-monthly.com
Latest Posts in "European Union"
- Simplifying Triangular Transactions in VAT: Navigating Compliance in 2026
- EN16931 Goes ViDA-Ready: What CEN’s 2026 Approval Changes for EU e-Invoicing
- Intrastat Thresholds and Deadlines: Key Changes for 2026 Across EU Member States
- Roadtrip through ECJ cases: Focus on ”VAT rates” (Art. 96-99)
- Roadtrip through ECJ Cases – Focus on ”Exemption” – Currency transactions exclude collectors’ items and numismatic coins













