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by rcbdev
42 days ago
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The EU is losing around €50 billion every year to the fraud-scheme dubbed the VAT carousel (or MITF). The fix would be ridiculously simple, starting with an EU-wide VAT-ID scheme and a modicum of cooperation between financial ministries. Not one policy maker has ever seemingly cared about this. But VPNs! That'll fix the budget and demographic crises of European nations, for sure. I'm curious to see how the EU will maneuver it's new long-term financial plan when none of the members can even pay the membership fee soon. |
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