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VAT fraud is a major problem in Europe

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First published at 17:28 UTC on October 12th, 2019.

#vat
#fraud
#europe

Liberum Arbitrium

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VAT fraud is a major problem in Europe.

In 2016 alone, EU countries lost 150 billion euro in VAT revenue. That’s almost 1% of the whole EU economy.

Poland is at the forefront of the fight against fraud and is an example to other countries!

http…

VAT fraud is a major problem in Europe.

In 2016 alone, EU countries lost 150 billion euro in VAT revenue. That’s almost 1% of the whole EU economy.

Poland is at the forefront of the fight against fraud and is an example to other countries!

https://twitter.com/BasedPoland/status/1181471754268692486

Poland overhauled its VAT system - narrowing the VAT gap from 23.9% in 2015 to 7-12% in 2018. This was done under the leadership of @MateuszMorawiecki who implemented “targeted” solutions.

https://twitter.com/BasedPoland/status/1181474532609204224

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VAT fraud is a major problem in Europe

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