- Italy leads the EU in dodged VAT in 2021
- VAT evaded in the EU in 2021 amounted to €61 billion, an improvement of around €38 billion compared to 2020
- Italy has the highest level of VAT evaded, amounting to €14.6 billion
- Italy has recorded an unprecedented improvement in reducing VAT evasion, with a reduction of 10.7%
- The data is from the European Commission’s study on the ‘VAT gap’
Source: ansa.it
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.
Latest Posts in "Italy"
- Naples Public Officials Convicted in Major Cross-Border VAT Fraud Case
- Italy: Officials, Tax Officer, and Accountant Convicted for Major VAT Fraud Scheme
- Italy: Four Convicted, Seven Plead Guilty in Major VAT Fraud Involving Public Officials
- Italy introduces automated VAT assessment for omitted annual returns
- €3.6 Million VAT Evasion: Major Textile Smuggling Operation Busted in Prato, Italy
