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"
- Montenegro Drafts Law on VAT Fraud Cooperation with EU
- EPPO Uncovers €2.6 Million VAT Fraud Ring in Electronic Goods Trade
- EU Commission Releases 2026 Work Programme for VAT in the Digital Age
- EU Commission Outlines Key Milestones for ViDA E-invoicing and Digital Reporting Implementation
- ECJ Clarifies VAT Treatment of Intra-Group Transfer Pricing Adjustments
