Tag: VAT

VAT REPORT 2021: EU COUNTRIES LOST €134 BILLION IN VAT REVENUES

VAT REPORT 2021: EU COUNTRIES LOST €134 BILLION IN VAT REVENUES

This year’s report of the “Study and Reports on the VAT Gap in the EU-28 Member States” revealed that in 2019 there was a loss of €134 billion in Value-Added Tax (VAT) revenues across EU countries. Though still extremely high, the ‘VAT Gap’ – the difference between expected revenues and the revenues actually collected –…

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Poland’s Success Addressing Tax Control

Poland’s Success Addressing Tax Control

Identifying the problem As mentioned in the VAT Report 2018, countries across the EU are losing billions in VAT revenues. This is analysed through the VAT Gap, the difference between the expected and the actual VAT revenues, and some of the main causes for it are fraud and tax evasion. In the case of Poland,…

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