| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/04/523 (22.4.04) |
| Publication Date | 22/04/2004 |
| Content Type | News |
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The European Commission presented on 22 April 2004 a report on the use of EU-wide co-operation in combating fraud in the field of Value-Added Tax (VAT). Though the exact amount of money involved in VAT fraud is difficult to quantify, some Member States have estimated their losses at up to 10% of net VAT receipts. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/523&format=HTML&rapid=0&language=EN&guiLanguage=en&display= |
| Subject Categories | Justice and Home Affairs, Taxation |
| Countries / Regions | Europe |