Tag Archives: VAT system in Europe

Staggering €159.5 billion in Value Added Tax (VAT) revenues lost across EU in 2014

BRUSSELS, 07-Sep-2016 — /EuropaWire/ — A staggering €159.5 billion in Value Added Tax (VAT) revenues were lost across the EU in 2014 according to figures released by the European Commission today. Research shows that the overall difference between the expected VAT … Read the full press release