COVID-19 set to widen EU VAT gap to €164 billion

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COVID-19 set to widen EU VAT gap to €164 billion

Mattias Cruz Cano
September 14 2020
The EU VAT gap will only grow wider

The European Commission (EC) expects the COVID-19 crisis to widen the VAT gap to exceed €164 billion, driven by falling GDP growth and large dents in government finances across the EU.

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