- Eurofisc has uncovered €14.6 billion in deceitful transactions in the EU in 2023
- Eurofisc is a multilateral warning system launched in 2010 to combat cross-border VAT fraud
- Eurofisc liaison officials can take action at national level based on shared information within the network
- The amount of fraudulent transactions uncovered has substantially increased over the years
- In 2020, only €3.3 billion in deceitful transactions were discovered
- The number of fraudsters identified has more than doubled in the last four years
Source: etaf.tax
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.
