Italy leads EU for dodged VAT, but improving

(ANSA) - ROME, OCT 24 - Italy led the EU for the amount of value added tax evaded in 2021 nut also posted the greatest improvement in the Union, the Euroepean Commission said Tuesday.
    VAT evaded in the EU in 2021 amounted to €61 billion, an improvement of around €38 billion compared to 2020.
    Among the member states, Italy is the country with the highest level of VAT evaded, for 14.6 billion euros, but it is also the one that has recorded an unprecedented improvement and the largest in the Union, with a reduction of 10.7%.
    The data emerged in the Commission's study on the 'VAT gap', the estimate of the difference between the theoretical expected revenue and the amount actually collected. (ANSA).