The VAT GAP

This post was originally published on this site

According to figures released by the European Commission, €140 billion in VAT revenue was lost across the EU in 2018. While the figure is an improvement on previous years, it is expected to grow again due to the coronavirus pandemic. In percentage terms, the VAT gap was highest in Romania (33.8%) and lowest in Sweden …

This story continues at The VAT GAP

Or just read more coverage at Electronics Weekly