Comparing national accounts data with tax returns, it can be estimated that between 2005 and 2008 30 per cent of the VAT tax base was evaded: in terms of tax receipts, this is more than € billion a year, 2 points of GDP. The Government has introduced measures to combat tax evasion.
Olli Rehn: Which economic and financial priorities for fostering growth and innovation in the EU? Opening remarks by Mr Olli Rehn, Governor of the Bank of Finland, at the Eurofi Financial Forum 2019, Helsinki, 11 September 2019.