Only two months ago, it seemed as if the world economy was well recovering from the last crisis. Companies were flourishing, developing countries were slowly getting better, and consumerism was at a rising point. Absolutely no one expected a mere virus could put a stop to all this and bring […]
According to the official data from the European Commission, the EU lost approximately 137.5 billion Euros only in 2019 due to Value Added Tax (VAT) gap. The analytics believe there are many reasons for this – one of the most popular being the differences in tax compliance between the member […]
Grey economy appeared as a burning problem for many countries of the world ever since the creation of fiscal devices and fiscal receipts. Moreover, giving and asking for fiscal receipts took some time turning from culture into a habit. A common mistake most countries made at one point was enforcing […]
