On 14 May from 15:00 to 16:15, together with the CONT committee, the FISC Subcommittee will invite Mr Fran莽ois-Roger Cazala, Member responsible of the European Court of Auditors (ECA) to present its the Special report 08/2025 on 鈥淰alue Added Tax fraud on imports 鈥� The EU鈥檚 financial interests are insufficiently protected under simplified import customs procedures鈥�.
Value Added Tax (VAT) fraud negatively affects the collection of revenues in Member States as well as in the EU. According to the Commission, Member States lost around 鈧�89 billion in 2022. Fraud committed by traders on VAT levied on imports contributes to this loss and is one of the main types of cross-border VAT fraud affecting the fiscal policies and public finances of the EU.
"The EU's financial interests and single market are not protected firmly enough against Value Added Tax (VAT) fraud on imports when simplified import customs procedures are used", according to ECA. There are serious weaknesses in the checks carried out by Member States and shortcomings in the cooperation at EU level and across Member States to combat the abuse of these procedures.
The presentation will provide an opportunity for ECA to present its report and discuss its findings with CONT and FISC Members.