Speeding up and strengthening the judicial response to terrorism The Hague/Brussels, 5 September 2019 A Counter-Terrorism Register (CTR) has been launched at Eurojust to reinforce the judicial response in Member States to terrorist threats and to i… read more
In a report published today, the EU confirms for yet another year its position as largest global exporter of agri-food products, with EU exports reaching €138 billion in 2018. Agriculture products represent a solid share of 7% of the value of EU total … read more
See also IP/19/5511 What is VAT? Value Added Tax (VAT) is a consumption tax, charged on most goods and services traded in the EU. The tax is levied on the ‘value added’ to the product at each stage of production and distribution. This means that VAT … read more
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today. The so-called ‘VAT Gap’ – or the overall difference between the expected VAT revenue and the amount actually collec… read more
VAT Gap: EU countries lost €137 billion in VAT revenues in 2017 EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017, according to a study released by the European Commission today. The VAT Gap describes the overall difference betwe… read more