VAT: EU Member States still losing almost €150 billion in revenues according to new figures

This article is brought to you in association with the European Commission. EU countries lost almost €150 billion in Value-Added Tax (VAT) revenues in 2016, according to a new study published today by the European Commission. The so-called ‘VAT Gap’ shows the difference between the expected VAT revenue and the amount actually collected. While Member States’ […]