- One in three VAT fraud cases investigated by the EU Public Prosecutor’s Office is linked to Slovakia.
- Slovakia has become a major transit point and central hub for criminal money flows in the EU.
- Criminal proceeds from VAT fraud in Slovakia are invested in drug trafficking, human trafficking, and weapons trafficking.
- Over 4,700 suspicious companies connected to 172 ongoing VAT fraud investigations have links to Slovakia.
- VAT fraud costs the EU an estimated €50 billion annually, diverting funds from public services and undermining the rule of law.
Source: dw.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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