29/01/2020  ore 07:22   
 HOME |  PRIMO PIANO |  Economia |  Convegni corsi |  Sport |  Eventi |  Promo
 
VAT Gap: EU countries lost €137 billion in VAT revenues in 2017.  

05/09/2019 | Economia |  Daily News 05 / 09 / 2019

Fonte: ufficio stampa European Commission


EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017, according to a study released by the European Commission today.

The VAT Gap describes the overall difference between the expected VAT revenue and the amount actually collected. It has reduced somewhat compared to previous years but remains very high, highlighting once more the need for comprehensive reform of the EU VAT rules, as proposed in 2017 by the Commission. New rules would help clamp down on VAT fraud and improve the rules for legitimate businesses and traders.

Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici said: The favourable economic climate and some short-term policy solutions put in place by the EU helped to lower the VAT Gap in 2017. However, to achieve more meaningful progress we will need to see a thorough reform of the VAT system to make it more fraud-proof. Our proposals to introduce a definitive and business-friendly VAT system remain on the table. Member States cannot afford to stand by while billions are lost to illegal VAT carousel fraud and inconsistencies in the system. 

Romania recorded the largest national VAT Gap with 36% of VAT revenues going missing in 2017. This was followed by Greece (34%) and Lithuania (25%). The smallest gaps were in Sweden, Luxembourg and Cyprus where only 1% of VAT revenues on average fell by the wayside. In absolute terms, the highest VAT Gap of around €33.5 billion was in Italy. The VAT Gap measures the effectiveness of VAT enforcement and compliance measures in each Member State, as it provides an estimate of revenue loss due to fraud and evasion, tax avoidance, bankruptcies, financial insolvencies as well as miscalculations.

You can find a press releaseFAQ and factsheet online. The report itself is available here.

« Indietro    Pubblica su: 
OkNotizie Del.icio.us! Google! Facebook! Share
Tag clouds
fraud measures need revenue system billion Economic financial reform rules Commission more 2017 European lost Member revenues
Ultime news - tutte le categorie
Economia
  MiSE informa: attenzione alle fatture ingannevoli per registrazione marchi
27 gennaio 2020
Convegni e corsi
  GIORNO DELLA MEMORIA 2020. “Io non giuro”. Lunedì 27 gennaio 2020 La testimonianza di Josef Mayr-Nusser: l’uomo che disse NO a Hitler
24 gennaio 2020
Sport
  Fondazione Cortina 2021 e Liski per le piste dei Campionati del Mondo e delle Finali di Coppa del Mondo
27 gennaio 2020
Eventi
  Scuola e impresa: visita alla Technowrapp di Fonzaso con gli studenti dell’Ite Colotti di Feltre
27 gennaio 2020
Promozione
  GIORNO DELLA MEMORIA
27 gennaio 2020