Definition: Value added tax (VAT) is a major source of revenue in all EU Member States. It is also a key source of financing for the EU budget. The revenue loss, known as the ‘VAT gap’, delineates the issues caused by sub-optimal VAT collection and control. A significant part of this loss is due to missing trader intra-Community (MTIC) fraud. ViDA intends to reduce this VAT fraud by digitalising the control of VAT fraud.
Source: europa.eu
Source reference: VAT in the Digital Age - European Commission (europa.eu)
eira:iopDimension: Governance IoP
LOST view: Legal view
Identifier: http://data.europa.eu/dr8/AddressInstancesOfVATFraudGoal
ABB name: eira:InformMemberStateAuthoritiesOfTransactionsInAlmostRealTimeGoal
EIRA concept: eira:ArchitectureBuildingBlock
Last modification: 2024-04-24
dct:identifier: http://data.europa.eu/dr8/AddressInstancesOfVATFraudGoal
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| eira:PURI | http://data.europa.eu/dr8/AddressInstancesOfVATFraudGoal |
| dct:type | eira:AddressInstancesOfVATFraudGoal |
| dct:modified | 24/04/2024 |
| skos:definition | Value added tax (VAT) is a major source of revenue in all EU Member States. It is also a key source of financing for the EU budget. The revenue loss, known as the ‘VAT gap’, delineates the issues caused by sub-optimal VAT collection and control. A significant part of this loss is due to missing trader intra-Community (MTIC) fraud. ViDA intends to reduce this VAT fraud by digitalising the control of VAT fraud. |
| eira:definitionSource | europa.eu |
| eira:definitionSourceReference | VAT in the Digital Age - European Commission (europa.eu) |
| skos:note | |
| eira:concept | eira:ArchitectureBuildingBlock |
| eira:iopDimension | Governance IoP |
| dct:identifier | http://data.europa.eu/dr8/AddressInstancesOfVATFraudGoal |
| eira:view | Legal view |