Cross-border VAT fraud deprives tens of billions of euros from European and national budgets.
88% confidence
EconomyEuropean Union
Omissions
The MEP did not specify whether they were referring to the total EU VAT gap (€128 billion in 2023, encompassing all forms of non-collection including insolvencies, bankruptcies, and administrative errors) or specifically to cross-border MTIC fraud (€12.5–32.8 billion). The two figures differ by an order of magnitude, and conflating them would be misleading.
The claim does not cite a specific year or source. The most recent official data available at the time of the session (EC VAT Gap Report 2025, covering data through 2023) places MTIC fraud in a range whose lower bound is only marginally within 'tens of billions'.
Some academic estimates place cross-border VAT fraud losses as high as €50 billion annually, but the European Commission's own published range is more conservative (€12.5–32.8 billion).
Sources
PrimaryEuropean Commission — VAT Gap (Taxation and Customs Union)MTIC fraud-related losses in the EU range from €12.5 billion to €32.8 billion between 2010 and 2023, representing an average annual VAT revenue loss of 1.2–3.1% of actual VAT revenue.