'Greenwashing' rife among airlines, says EC as it clamps down on emissions reporting
The European Commission (EC) has warned airlines over what it claims are rife ‘misleading greenwashing ...
Yet another challenge thrown up by the relentless growth of e-commerce volumes is the non-EU shippers sending small packages to Europe’s online shoppers, deliberately under-declaring their value to avoid VAT charges. The European Commission estimates it is losing around €5bn a year in lost tax revenue from 150m packages a year where value is misdeclared – in the UK, for example, goods of less than £15 are not subject to VAT. The EC is expected to announce new measures to crack down on the scam later this week.
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