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VAT adds one trillion euro to the revenues of EU governments every year. That's 7% of the EU's GDP! Last week the European Commission announced the #EUVAT Action Plan: for simpler, more fraud-proof & business-friendly VAT. To learn more watch our video and read on here: http://europa.eu/!uu73XU | European Commission - Economy and Finance
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The VAT system in the EU is outdated and exploited by fraudsters and criminals. It is estimated that around €50 Billion is lost due to VAT cross-border carousel fraud. We want to fix this and if you make your voice heard it can happen faster. We have a plan! Find out more: ec.europa.eu/single-vat-area | European Commission
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