On average, the 28 EU Member States lost 14% of total tax levy provided for in the evaluated year.
The countries of the European Union (EU) failed to raise 159,500 million euros (178,000 million dollars) in 2014 due to fraud and evasion taxes, revealed today the European Commission (EC).
on average, the 28 member states of the EU lost 14% of total tax which provided raise in the evaluated year.
the size of the gap between estimated and actual values of income from Value Added Tax (VAT) varies greatly among the 28, with a difference of 37.9% in Romania and only 1.2% in Sweden.
in absolute terms, the largest amount of tax not collected in 2014 was recorded in Italy, of 36,900 million euros (41,100 million 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 2,500 million euros more than in 2014 in uncollected taxes.
However, the latest numbers remain “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 system VAT pan-European, as proposed by the 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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