The VAT gap in the EU-28 member states

CASE authored a study on the VAT Gap in the European Union in 2015 commissioned by the European Commission.  In 2015, the VAT Gap in the EU-28 Member States amounted to EUR 151.5 billion. In absolute terms, the highest VAT Gap of €35 billion was in Italy. The VAT Gap decreased in most Member States, with the strongest improvements in Malta, Romania and Spain.
 

  Euro bills . Copyright by reynermedia on flickr ( CC BY 2.0 )

Euro bills. Copyright by reynermedia on flickr (CC BY 2.0)