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VAT: Italy first in the EU for evasion, loses over 30 billion

2021-12-02T12:50:00.853Z


In 2019 Italy is confirmed first in the EU for VAT evasion in nominal value, with losses for the State of 30.1 billion euros, while it is fifth for the largest gap between expected and collected revenues with 21.3% , behind only Romania (34.9%), Greece (... (ANSA)


(ANSA) - BRUSSELS, DECEMBER 02 - In 2019 Italy is confirmed first in the EU for VAT evasion in nominal value, with losses for the State of 30.1 billion euros, while it is fifth for the largest gap between expected and collected revenues with 21.3%, behind only Romania (34.9%), Greece (25.8%), Malta (23.5%) and Lithuania (21.4%).

This is what emerges from the EU Commission VAT report which highlights how the Union lost 134 billion in 2019, an improvement compared to 2018 but with the unknown extent of the Covid-19 pandemic on VAT revenues for 2020. (ANSA).


Source: ansa

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