EC Report Shows Link Between EUR8B In Uncollected VAT And CO2 Emissions

07.04.2024 By Ecaterina Craciun

In 2021, European Union member states lost around EUR61 billion in uncollected VAT, of which over EUR8 billion in Romania alone, placing the country third among European states in terms of non-collection of VAT, i.e. the difference between forecasted and actual VAT revenues, according to a European Commission report.

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Keywords:: European Commission; , VAT; , CO2 emissions

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