The countries of the European Union (EU) failed to raise 159.5 billion euros (178 billion dollars) in 2014 due to fraud and tax evasion, revealed today the European Commission (EC) .
On average, the 28 member states of the EU lost 14 percent of total tax prevían raise the assessed year.
The size of the gap between the estimated values and actual revenue from Value Added Tax (VAT) varies greatly among the 28, with a difference of 37.9 percent in Romania and only 1.2 percent in Sweden.
in absolute terms, the highest volume tax not collected in 2014 was recorded in Italy of 36.9 billion euros (41.1 billion dollars), while the lowest corresponded to Luxembourg, 147 million euros (164 million dollars).
in general, the situation has improved compared to 2013, when the EU lost 2.5 billion euros more than in 2014 in uncollected taxes.
However, the latest figures are still “unacceptably high “, according to the EC.
the European Commissioner for Economic Affairs, Pierre Moscovici, called the situation” unacceptable “and urged European countries to agree on a new VAT system pan-European, as proposed EC in April.
“the current system is ill-equipped to address the problems of VAT fraud and miscalculations. It is clear that the figures will not improve itself, “he said in a statement.
” Only substantial progress will be achieved if member countries agree to render the current VAT system more resistant to fraud and easier easy to use for entrepreneurs, “he added.
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