Commentary
Society
Unlocked
The Means Of Destruction
28 November 2023
After importing the dangerous practice of VAT fraud from the rest of the EU, Poland is fighting to minimise this illegal activity from causing more damage to its economy.
You have probably heard that Poland is Europe’s growth champion and managed to get through the crisis without a recession, but there is a second story of prudence in public finances. Narrowing the VAT gap has been one of the Polish government’s priorities since 2015.
According to the European Commission, EU countries lost almost €150 billion in Value-Added Tax (VAT) revenue in 2016 – almost 1% of the whole EU economy.