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)