Brussels wants buyers to pay VAT directly to the Treasury



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The European Commission wants to broaden and simplify the way in which VAT is paid to the state, in order to reduce tax revenue lost each year. Instead that companies deliver VAT that they receive from consumers in Brussels, the ideal would be that the consumers themselves invest directly in the state coffers, as it is the in Italy, Poland and Romania. According to the newspaper, the "gaps" in VAT rates – the difference between the revenue actually collected and the potential, taking into account rates and economic activity – have led many European countries to get to work and to create solutions or adopt models to reduce the levels of evasion, fraud and underutilization.

In Portugal, this gap reached a record level of 2198 million euros in 2012, it is the first time that the barrier of 2 billion euros has been exceeded. In January 2013, the tax administration launched a new system for issuing and reporting invoices – the electronic bill – and since then the difference has narrowed.

According to Raquel Fernandes, a lawyer specializing in VAT, the success of electronic invoicing in terms of VAT revenues is one of the reasons why Portugal is not one of the countries that have already made advances in payment split – the case of Italy, Romania and Poland [19659002] These three Member States are among those with the highest values ​​to measure the difference between the revenues that might be collected and those that have actually been collected.

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