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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

No Value in VAT

European Union member states missed out on nearly $180 billion in value-added tax revenue that should have been collected but wasn't, the European Commission said Thursday in renewing its bid to overhaul the EU's sales-tax scheme.

BRUSSELS - European Union member states missed out on nearly $180 billion in value-added tax revenue that should have been collected but wasn't, the European Commission said Thursday in renewing its bid to overhaul the EU's sales-tax scheme.

Categories / Government, International

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