VAT Matters for Businesses & Consumers
Why VAT matters and why you should care
Value-Added Tax (VAT) fraud significantly impacts Europe’s economy, leading to substantial revenue losses annually. To illustrate the extent of this issue, here are some key statistics
- Annual VAT Losses: In 2021, EU member states collectively lost approximately €61 billion in uncollected VAT.
- Notable Fraud Cases: In February 2025, Italian tax authorities accused Amazon of evading €1.2 billion in VAT payments related to sales of goods from non-EU countries between 2019 and 2021.
- Impact of Digital Measures: Member states that invested heavily in IT for their tax administrations between 2016 and 2019 experienced an 81% greater increase in VAT revenue compared to others. This is highlighting the effectiveness of digital tools in combating VAT fraud.
These figures underscore the importance of robust measures and technological investments to detect and prevent VAT fraud across Europe.
How does fiskaltrust help?
We are making VAT compliance simple and secure with our product and solutions.
Digital Receipts and Secure Transactions
Digital Receipt
Digital receipts from fiskaltrust are an easy and practical choice. They help reduce paper waste, which is better for the environment. Many countries, like France, are already working to cut down on unnecessary paper use and digital receipts support that effort.
They’re also more convenient than paper receipts, which can get lost or damaged. Digital receipts are stored on your phone or computer, so you can find them whenever you need them.
How it works
Digital receipts from fiskaltrust are an easy and practical choice. They help reduce paper waste, which is better for the environment. Many countries, like France, are already working to cut down on unnecessary paper use and digital receipts support that effort.
They’re also more convenient than paper receipts, which can get lost or damaged. Digital receipts are stored on your phone or computer, so you can find them whenever you need them.
InStore-App
The fiskaltrust InStore-App lets you receive and manage digital receipts in a simple and eco-friendly way. At checkout, a QR code appears on a customer-facing screen where you just scan it with your phone to get your receipt instantly. This makes it easier to keep track of your purchases since your receipts are safely stored and easy to find when needed.
Additionally, the InStore-App supports compliance with legal requirements for receipt issuance, offering a reliable and modern alternative to traditional paper receipts.
Taxation in the EU
VAT (Value-Added Tax) is something all businesses must pay and it is part of the law. When businesses don’t handle VAT correctly, it can lead to fines, audits and even damage their reputation. But why does this matter to you as a consumer?
When businesses pay the right amount of VAT means they are following the rules and contributing to public services like roads, schools and healthcare. If some businesses try to avoid paying VAT, it’s unfair to those who do and in the end, it can hurt everyone by reducing funding for essential services.
Accurate VAT payments also build trust. When you receive a proper receipt with VAT clearly listed, you know the business is operating legally and fairly. This transparency is important because it protects you as a consumer and ensures you’re not unknowingly supporting tax fraud.
At the end of the day, VAT isn’t just a business issue because it affects everyone. When companies handle VAT correctly, it keeps the economy fair, ensures public services are funded and builds trust between businesses and consumers.
