This article is brought to you in association with the European Commission. The European Commission today proposed a series of measures to modernise and make the EU’s Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalisation. Today’s proposal also aims to address challenges in the area of […]Taxation: Embracing the digital transition to help fight VAT fraud and support EU businesses
December 8, 2022 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission today proposed a series of measures to modernise and make the EU’s Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalisation. Today’s proposal also aims to address challenges in the area of […]VAT: EU Member States still losing almost €150 billion in revenues according to new figures
September 24, 2018 by Leave a Comment
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’ […]
