Greece’s 25.8% rate of lost revenues constitutes the second highest in the European Union. Brussels issued a number of recommendations, such as cross-checking VAT registration data with third sources, the investigation of each country’s main dimensions of VAT evasion, improvement of cross-border tax authorities’ cooperation, systematic inspections based on risk indexes, the creation or maintenance of a register of taxpayers active in online commerce etc.
Source: ekathimerini.com
