VAT news tagged as "2014"

Europe

EU VAT Gap shrinks to €160billion

September 6th, 2016

The estimate for ‘missing’ EU VAT, the ‘VAT Gap’ has fallen to €160billion as at 2014. This is a drop of €2.5 billion on 2013. The drop is being put down to an improving European economy and better fraud-detection measures by member states. The VAT Gap Each year, the European Commission works with the 28 …