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Italy Leads EU in VAT Evasion, but Shows Significant Improvement in 2021

  • 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.

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