Pages

Friday, September 20, 2013

10B Annual Loss in Uncollected VAT

According to a European Commission report published on September 20, within the period 2008-2011 Greece lost some 40 billion euros in uncollected Value-Added Tax. According to Greek media reports, Greece had the second-worst performance, following Romania, among the countries that have seen their VAT gap grow since the start of the financial crisis. Spain, Greece, Latvia, Ireland, Portugal and ...

READ THE ORIGINAL POST AT www.greekherald.com