Summary
An analysis of EU efforts to fight fraud, focusing on VAT gaps, tobacco smuggling, and the new role of the European Public Prosecutor's Office. 10 31.01.2019
Other
economy
finance
taxation
european union
budgetary control
administrative law
public administration
public administration
public administration
public administration
Key points
- Reported fraud irregularities showed a downward trend in both frequency and total value compared to the previous year.
- The gap in Value Added Tax (VAT) revenue represents a massive loss to the EU, estimated at over 140 billion euros.
- Illicit tobacco trade causes annual losses of approximately 10 billion euros and is linked to organized crime.
- The establishment of the European Public Prosecutor's Office requires adequate staffing and budget to be fully operational.
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.