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Image header Agence Europe
Europe Daily Bulletin No. 12297
Contents Publication in full By article 14 / 20
ECONOMY - FINANCE - BUSINESS / Taxation

European Court of Auditors points out shortcomings in collection of VAT on e-commerce transactions

E-commerce is still vulnerable to VAT and customs duties evasion, according to a new report (see EUROPE B12057A21) by the European Court of Auditors published on Tuesday 16 July.

“E-commerce is particularly open to abuse and its vulnerability to irregularities and fraud has not yet been fully mitigated”, said Ildikó Gáll-Pelcz,the Member of the European Court of Auditors responsible for the report.

The report notes that there is no estimate of the extent of uncollected VAT on...

Contents

EUROPEAN PARLIAMENT PLENARY
EUROPEAN COMMISSION: Ursula von der Leyen elected President of European Commission with smallest margins
INSTITUTIONAL
GENERAL AFFAIRS: Rule of law, budget 2021-2027 and strategic programme 2019-2024 at General Affairs Council of 18 July
EUROPEAN COMMISSION: Martin Selmayr to leave General Secretariat 'by the end of next week'
PARLIAMENT: holding hearings in European Parliament for Romanian and Estonian candidates for vacant posts in European Commission is increasingly compromised
EXTERNAL ACTION
CANADA: a 17th summit dedicated to convergence of views
VENEZUELA: Europeans threaten sanctions on members of security forces for human rights violations
TURKEY: illegal drilling, Ankara denounces EU measures against it
UN: EU defines its priorities for 74th United Nations General Assembly
MERCOSUR: to its detractors, Commission defends trade agreement that transmits European standards and values
CHINA: Commission decides to maintain anti-dumping duty on Chinese ceramic kitchenware
SECTORAL POLICIES
AGRICULTURE: Around ten agriculture ministers criticise draft EU-Mercosur trade agreement
AGRICULTURE: Italy unsuccessfully requests reintroduction of customs duties on Burmese Japonica rice
FISHERIES: United Kingdom is not in a position to guarantee ban on fishing discards, according to Lords
ECONOMY - FINANCE - BUSINESS
TAXATION: European Court of Auditors points out shortcomings in collection of VAT on e-commerce transactions
NEWS BRIEFS
ARCTIC: Copernicus observes effects of unprecedented forest fires in Arctic Circle
NORTH KOREA: EU extends its autonomous sanctions against 57 individuals and nine entities
FINANCE: ESMA imposes €56,000 fine on Regis-TR trade repository
FRANCE: According to Raphaël Glucksmann, Mr Macron’s strategy is to demonstrate that environmentalism can be done without the Greens
JUSTICE: France would support Laura Codruța Kövesi as European Chief Prosecutor, according to Dacian Cioloș
TRANSPORT: combined transport industry sets out its policy priorities for European Parliament's new mandate