The link between €8 billion in uncollected VAT and CO2 emissions
Monday, July 8, 2024
According to a European Commission report, in 2021, member states lost around 61 billion euros in uncollected VAT, of which over 8 billion in Romania alone. Our country thus ranked third among European states in terms of non-collection of VAT, i.e. the difference between forecasted and actual VAT revenues. In this context, after Romania introduced the e-invoice from January 1, 2024 – the mandatory inter-firm ...