Romania loses annually over EUR 6 billion due to VAT gap, according to an European Commission report
According to a report recently issued by the European Commission, uncollected VAT represents EUR 6.13 billion loss for Romania´s 2016 budget. At EU level, uncollected VAT amounted to EUR 147.1 billion, which represents a 12.3% VAT gap. All 6 Central… Read moreRomania loses annually over EUR 6 billion due to VAT gap, according to an European Commission report
