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05 Sep
VAT in European Union

VAT Gap: EU countries lost €137 billion in VAT revenues in 2017

EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today (5 September). The so-called ‘VAT Gap’ – or the overall difference between the expected VAT revenue and the amount actually collected – has reduced somewhat compared to previous years but remains very high. […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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