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VAT fraud costs EU around €50billion annually.
How to fight it more effectively?
Tune in for @EP_Taxation's exchange with EU Chief Prosecutor Laura Kövesi from @EUProsecutor whose daily mission is to uncover fraud schemes.
Joachim Schuster & @paultang
🐦🔗: https://n.respublicae.eu/TheProgressives/status/1640739191230177282
VAT fraudsters are costing billions of euros to Europeans - @EUProsecutor is fighting this theft every day!
But many countries try to ignore this problem and choose the side of tax dodgers. We should up the pressure!
🐦🔗: https://n.respublicae.eu/TheProgressives/status/1640757196295208977
Debating VAT fraud in the EU, MEP Schuster points out the need for a definitive 🇪🇺 VAT system.
That would unify the rules, make the system more fraud-resilient and easier to use for businesses, while bringing in much needed revenues for EU countries.
🐦🔗: https://n.respublicae.eu/TheProgressives/status/1640748575603716097