Brussels, 19/09/2013 (Agence Europe) - An estimated €193 billion in VAT revenues (1.5% of GDP) was lost due to non-compliance or non-collection in 2011, according to a new study on the VAT gap in the EU member states, funded by Commission and published on 19 September. The study sets out detailed data on the gap between the amount of VAT due and the amount actually collected in 26 member states between 2000 and 2011. Unpaid VAT results from fraud, bankruptcies and insolvencies, statistical...