Leaking VAT system must be fixed

, 16.5.2017 - 12:50
Man reaching into empty pocket

The leaking VAT system must be quickly and efficiently fixed, says Julia Pitera MEP, Rapporteur on the 2015 report on the 'Protection of the EU's financial interests - fight against fraud' that was voted today at the European Parliament.

In 2014, 159.5 billion euros of expected VAT revenues were not collected. This is almost the amount of the whole EU budget. Nearly one third of this sum, 50 billion euros, disappeared in carousel frauds - the type of fraud in which VAT and goods are passed around between companies and jurisdictions.

“It is clear that the problems related to cross-border VAT fraud need strong, coordinated and speedy measures,” says Julia Pitera.

“The Commission must speed up its procedures and come up with solutions in order to avoid the loss of tax revenue in the EU and in the Member States. As time is money, it is regrettable that the Commission has postponed the publication of its measures to strengthen the capacity of tax administrations.”

“The implementation of short-term measures to tackle losses on VAT should also not delay the Commission’s proposal for a definitive VAT system as provided for in its action plan,” she highlighted.

The 'PIF' report on the Protection of Financial Interests is an annual report which assesses if EU money has been well managed, for both expenditure and revenue. In her report Mrs Pitera also calls on the Commission to continue its effort in simplifying EU legislation, in order to reduce the administrative burden and cost-related spending, to encourage beneficiaries by easier access to funds and to better recognise fraudulent attempts from simple irregularities.

Toimitusten tietoon
EPP-ryhmä on Euroopan parlamentin suurin poliittinen ryhmä, jolla on 216 jäsentä 27 jäsenmaasta

Meppien yhteystiedot

STR - Phone: +33 (0)3 88 175386 Fax: +33 (0)3 88 179386
Sähköposti: julia.pitera@europarl.europa.eu

Lehdistöosaston yhteystiedot

Pete Pakarinen
Press Relations Budget and Structural Policies Working Group, Budgetary Control, Agriculture and Rural Development, Finland; Communications Strategy
Phone: +32 470 830 213
Renate Sommer calls to raise awareness to boost vaccination rates
20.3.2018 - 12:15

Renate Sommer calls to raise awareness to boost vaccination rates

EPP Group MEP Renate Sommer is one of a group of Members of the European Parliament calling on EU governments to raise awareness of the importance of...
Isolated Airplane
20.3.2018 - 9:36

EU reinforces protection for home-grown airlines

The Transport Committee has voted by a strong majority in favour of a new trade defence instrument to protect European airlines from unfair...
Cropped image of female nurse injecting male patient at hospital
20.3.2018 - 9:36

MEPs warn EU countries to fight anti-vaccination trend

Vaccine hesitancy in Europe is growing. EPP Group calls on Member States to stop the trend. Today, Members of the European Parliament’s...
Bright Yellow Hardhats - closeup
19.3.2018 - 21:19

Towards better rules for companies and posted workers

"This agreement reflects the social, economic and political reality of the European Union. It provides a clear direction towards a more social...

Viikon kohokohdat

19.3.2018. - 23.3.2018.
Attacks in Paris, France

Protecting the rights of victims of terrorism in the EU

22 March marks the 2-year anniversary of the terrorist attacks in Brussels. The Special Committee on Terrorism will organise two hearings on...
Nord Stream2

Making gas from outside the EU comply with Energy Union goals

The current Gas Directive will be updated to apply not only to the internal gas market in the EU, but also to gas pipelines that arrive in the EU...

Europe-wide rules on how to tax Facebook, Amazon & Co

The European Commission will make a formal law proposal for a digital tax on Wednesday. This comes one week after Parliament, on the initiative of...
Sirpa Pietikäinen MEP