EC Report Shows Link Between EUR8B In Uncollected VAT And CO2 Emissions
<img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22425286/1/5-euro-rasfoiti-ss104263331.jpg?width=160&height=120"/> In 2021, European Union member states lost around EUR61 billion in uncollected VAT, of which over EUR8 billion in Romania alone, placing the country third among European states in terms of non-collection of VAT, i.e. the difference between forecasted and actual VAT revenues,
according to a European Commission report.  

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