Fight with VAT fraud - Estonian Experience

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Presentation transcript:

Fight with VAT fraud - Estonian Experience Egon Veermäe Deputy Director General 27th September 2013

Tax Collection Efficiency

VAT collection

Tax gap Maksuauk 2012 kokku praeguse seisuga: 458,2 mln €

We know for years… Do we act accordingly!?! Big revenue losses Unfair competition Characteristic of the fraud and the fraudsters: short duration of “economic activity”- max 3 month declares taxes, without real payments easy to start fraudulent activity no assets starting with controls fraudsters stopped their activity/starting with a new one cross border transactions – carousel fraud

Chasing the “rabbit” – reverse charge mechanism “Raw gold” Scrap

VAT Obligation in Fuels’ Sector What has been changed? VAT Obligation in Fuels’ Sector 150 mln € additional VAT to the budget (06.2011 – 12.2012) The number of companies in the fuel (sale) sector has been decreased 50% (01.01.2011:374; 01.04.2013: 176)

How to proceed? Current VAT system needs to be overlooked! In EU VAT gap is 100 billion EUR in one year!! Are we satisfied? Do the traditional means - control, criminal procedures, reverse charge – work enough?

Shadow economy Seller Buyer State

Äripäev, April 2013 – Crazy Plan Transaction information (up from 1000 €) VAT is collected by tax and customs board (transactions up from 10 000 €)

Legal changes 01.07.2014 VAT declaration with detailed transaction information Extension of VAT refund control period from 30 days to 60 days

VAT payment via Tax and Cusoms Board – Estonia can be the first one Buyer Pay for service or goods Seller Bank VAT KMD INF KMD INF State SAF SAF

Thank you!