On 5th September, EU Reporter said that EU countries lost €137 billion in VAT revenues in 2017, according to a study released by the European Commission. 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.
The FAQ and factsheet are available –
And the report is at –
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