- Cross-border VAT fraud is a growing challenge due to globalization and the digital economy, with intra-EU transactions reaching €4,135 billion in 2024 and VAT revenue losses estimated between €12.5 and €32.8 billion annually.
- The European Public Prosecutor’s Office estimated €45 billion lost to VAT and customs fraud in 2025.
- The EU has strengthened international cooperation tools, notably through the “VAT in the digital age” package, introducing new digital reporting obligations and systems like Central Vies and Cesop to enhance data collection and analysis.
- Key anti-fraud measures include information exchange, cross-border audits, data sharing via Vies, the Eurofisc expert network, and tools for verifying VAT numbers of cross-border clients.
- The European Commission’s 2025 report assessed the effectiveness of these cooperation tools and informed EU institutions of progress made between 2023 and 2024.
Source: fiscooggi.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"
- VAT in Italy – A comprehensive up to date guide
- Surety Bond for VAT-Related Transactions: Cassation Confirms Proportional Registration Tax Applies
- Italian Tax Agency Clarifies Rules for Payment Terminals and Vending Machines’ Electronic Register Connections
- Intra-EU Supplies: 90-Day Rule Start Date When Goods Undergo Processing and Installation
- 10% VAT Rate for Supply and Installation of Photovoltaic Systems: Tax Benefits Explained
