Friday

30th Sep 2016

Ticker

EU lost €160bn in uncollected VAT

Figures released by the European Commission Tuesday show a shortfall of €159.50 billion in value added tax (VAT) collections in 2014. Romania failed to collect 37.9 percent of VAT, while Italy lost out on €36.9 billion - the largest amount in absolute terms. The EU executive asked member states to clamp down on tax fraud and evasion by implementing the Commission's action plan towards a single VAT area.

Stakeholders' Highlights

  1. ACCAFinTech Boom Needs Strong Guidance to Navigate Regulatory Hurdles
  2. Counter BalanceWhy the Investment Plan for Europe Does not Drive the Sustainable Energy Transition
  3. Nordic Council of MinistersThe Nordic Region Seeks to Make Its Voice Heard in the World
  4. Taipei EU OfficeCountries Voice Support for Taiwan's Participation in ICAO
  5. World VisionNew Tool Measuring Government Efforts to Protect Children Released
  6. GoogleDid You Know Europe's Largest Dinosaur Gallery Is in Brussels? Check It Out Now
  7. IPHRHuman Rights in Uzbekistan After Karimov - Joint Statement
  8. CISPECloud Infrastructure Providers Unveil Data Protection Code of Conduct
  9. EFAMessages of Hope From the Basque Country and Galicia
  10. Access NowDigital Rights Heroes and Villains. See Who Protects Your Rights, Who Wants to Take Them Away
  11. EJCAppalled by Recommendation to Remove Hamas From EU Terrorism Watch List
  12. GoogleBringing Education to Refugees in Lebanon With the Clooney Foundation for Justice