27 Member States’ coffers The inflow of 61 billion euros was stopped in 2021 because Bankruptcies and bankruptcies, fraudulent activities, VAT evasion or evasion of VAT. This is 38 billion euros less than a year ago, representing an “unprecedented development”.with European Commission This is in the annual report published on Tuesday. The study examines the difference between theoretical income and what is collected. Spain As the third EU country with the most applications in this field Netherlands and Finland: I just stopped collecting 662 million euros0.8% less than what should have been collected.
“The significant improvements in the latest VAT deficit figures are good news for public finances in Europe. “These are mainly attributable to well-targeted national measures implemented consistently,” he said. Paolo GentiloniIt’s about a loss of revenue that has a “highly negative” impact on governments’ ability to fund public goods and services such as schools, hospitals and transportation.
The Italian called on governments to implement the new recommendations. VAT in the digital age It was raised by the Community Administration to speed up and facilitate tax authorities’ access to information about companies; as this will help further reduce VAT losses, particularly from cross-border criminal fraud. According to Brussels, this new system will ensure that Member State authorities are fully informed about transactions in almost real time, allowing them to immediately intervene in cases of VAT fraud, particularly carousel fraud.
More digitalization
The European Commission attributes part of the recovery to the residual effects of the pandemic; This may also contribute to the reduction, but he concedes that in general terms this is due to the digitalization of tax systems and greater control over electronic payments and online purchases. “Member States are reaping the benefits of certain measures implemented in their domestic tax systems, such as new digital reporting tools, real-time tracking of transactions and e-invoicing regimes that are particularly effective against criminal tax fraud and VAT,” the Commission explains. .
According to estimates, the Netherlands recorded a negative difference of -0.2% or -146 million, which Brussels attributed to statistical or measurement errors in countries with very low values. They were followed by Finland (90 million or 0.4%), Spain (662 million or 0.8%) and Estonia (49 million or 1.4%). In the case of Spain, this figure is significantly lower than the figure of 3.396 million detected in 2020; This represents a significant improvement compared to the previous year. On the other hand, the countries that stopped collecting the most money include Romania (36.7% or 8.996 million), Greece (17.8% or 3.231 million) and Lithuania (14.5% or 795 million). The countries that stopped collecting the most money due to fraud in nominal, not constant, terms were Italy (14.6 billion), France (9.5 billion) and Greece (9.0 billion).