IP/14/1187  23-10-2014 - Taxation: Study confirms billions lost in VAT Gap 
European Commission - European Commission Press release Brussels, 23 October 2014 An estimated €177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap study published by the Commission today. This equates to 16% of total expected VAT revenue of 26 Member States1.
MEMO/14/602  23-10-2014 - VAT gap: Frequently asked questions 
European Commission - European Commission MEMO Brussels, 23 October 2014 See also IP/14/1187 What is VAT? VAT is a consumption tax, charged on most goods and services traded for use or consumption in the EU. It is levied on the "value added" to the product at each stage of production and distribution.
IP/14/1144  16-10-2014 - Taxation: Belgium before the EU Court of Justice for discriminatory taxation of collective investment undertakings 
European Commission - European Commission Press release Brussels, 16 October 2014 The European Commission has decided to refer Belgium to the EU Court of Justice for discriminatory taxation of collective investment undertakings (CIUs) established in other Member States of the EU or of the EEA.
MEMO/14/589  16-10-2014 - October infringements package: main decisions 
European Commission - European Commission MEMO Brussels, 16 October 2014 October October In its monthly package of infringement decisions, the European Commission is pursuing legal action against Member States for failing to comply properly with their obligations under EU law.
MEMO/14/591  15-10-2014 - Automatic exchange of information: frequently asked questions 
European Commission - European Commission MEMO Brussels, 15 October 2014 What is the automatic exchange of information for tax purposes? The automatic exchange of information is regarded as the best system for ensuring that national tax authorities can assess and collect the taxes they are due on income and capital that their residents...
SPEECH/14/693  14-10-2014 - Speaking points by Commissioner Šemeta at the ECOFIN press conference 
European Commission - European Commission [Check Against Delivery] Algirdas Šemeta Commissioner responsible for Taxation and Customs Union, Statistics, Audit and Anti-fraud Economic and Finance Ministers Council Luxembourg, 14 October 2014 Ladies and Gentlemen, I am so pleased that the last ECOFIN meeting of this Commission mandate has been such an interesting and fruitful...
IP/14/1105  07-10-2014 - State aid: Commission investigates transfer pricing arrangements on corporate taxation of Amazon in Luxembourg 
European Commission - European Commission Press release Brussels, 7 October 2014 The European Commission has opened an in-depth investigation to examine whether the decision by Luxembourg's tax authorities with regard to the corporate income tax to be paid by Amazon in Luxembourg comply with the EU rules on state aid.
IP/14/1094  06-10-2014 - Operation REPLICA: 1.2 million counterfeit goods and 130 million cigarettes seized in EU-led operation 
European Commission - European Commission Press release Brussels, 6 October 2014 Over 1.2 million counterfeit goods and 130 million cigarettes were seized during an international joint customs operation coordinated by the European Anti-Fraud Office (OLAF). The Operation, code-named REPLICA, targeted the import of counterfeit goods by sea.
IP/14/1040  25-09-2014 - Taxation: Commission refers The Netherlands to the Court over VAT exemption for water sport activities 
European Commission - European Commission Press release Brussels, 25 September 2014 The European Commission has decided to refer The Netherlands to the European Court of Justice for failing to fully comply with EU rules on VAT exemptions for water sports activities.
IP/14/1038  25-09-2014 - Taxation: Germany referred to Court over its rules on VAT refunds for non-EU operators 
European Commission - European Commission Press release Brussels, 25 September 2014 The European Commission has decided to refer Germany to the European Court of Justice regarding its rules on VAT refund applications which discriminate against non-EU operators.