Community
An estimated EUR 177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, a recent report reveals.
E-invoicing to help reduce EU VAT Gap losses - report thepaypers.com
According to a recent VAT Gap study by the European Commission, the lost revenue equals to 16% of total expected VAT revenue by the 26 EU Member States.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Sean Forward UK CEO at payabl.
08 August
Julia Khandoshko CEO at Mind Money
06 August
Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)
Henrik Grim CEO and Co-founder at Mimo
05 August
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.