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EPPO Report: VAT Fraud Drives Half of EU Budgetary Losses in 2024

  • EPPO report revealed over half of EU budgetary losses investigated were due to VAT fraud.
  • Latest EU VAT Gap is estimated at 89 billion euros for 2022.

Source: vatcalc.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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