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The link between €8 billion in uncollected VAT and CO2 emissions

According to a European Commission report, in 2021, member states lost around 61 billion euros in uncollected VAT, of which over 8 billion in Romania alone. Our country thus ranked third among European states in terms of non-collection of VAT, i.e. the difference between forecasted and actual VAT revenues.   In this context, after Romania introduced the e-invoice from January 1, 2024 – the mandatory inter-firm ...

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