ELECTRONIC INVOICE AS A RESPONSE TO VAT FRAUD IN EU: ROMANIA’S TRY TO FIT IN
ELECTRONIC INVOICE AS A RESPONSE TO VAT FRAUD IN EU: ROMANIA’S TRY TO FIT IN
Author(s): LAURA GABRIELA GORGANSubject(s): Politics / Political Sciences, Law, Constitution, Jurisprudence, Public Law, Law on Economics, EU-Legislation, Administrative Law
Published by: Editura Hamangiu S.R.L.
Keywords: e‑Invoice; digitalisation; VAT fraud; comparative law;
Summary/Abstract: Electronic invoicing (e‑invoicing) has become a key tool in combating VAT fraud, a major issue affecting the European Union (EU). VAT fraud, particularly “carousel fraud,” exploits cross‑border transactions to avoid taxes, causing significant revenue losses. The EU promotes e‑invoicing to improve transparency, streamline tax collection, and enhance compliance. Romania, heavily impacted by VAT fraud, is implementing e‑invoicing to strengthen its tax system and integrate into the EU’s digital economy. This research paper examines the effectiveness of e‑invoicing in reducing VAT fraud, focusing on Romania’s challenges and progress, and highlights its role in enhancing fiscal stability and economic integrity in the EU.
Journal: Cluj Tax Forum
- Issue Year: VII/2024
- Issue No: 1
- Page Range: 43-53
- Page Count: 11
- Language: English
- Content File-PDF
