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EU Official: Falling VAT Gap Shows Tax Reforms Working Despite Challenges

  • EU value-added tax gap has halved
  • EU nations are collecting more taxes and preventing tax dodging
  • Decision-making system makes it difficult to agree on new tax rules
  • Tax reforms are working
  • Global and European efforts against tax evasion and avoidance are successful

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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