Keeping Up With Ever-Changing Tax Landscape

September 22, 2017

The European Commission estimates that the difference between what its expected VAT revenue is and the amount actually collected is the equivalent of a total revenue loss across the EU of 14.03%. 

Its Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici, recently articulated the EU’s tough new approach when he said, “Our Member States are losing tens of billions of euros in uncollected VAT revenue. This is unacceptable”. 

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