Press Release: VAT: Commission calls on Member States to step up co-operation to fight fraud

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Series Title
Series Details IP/04/523 (22.4.04)
Publication Date 22/04/2004
Content Type

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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