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View Full Version : Brussels to crack down on VAT fraud by firms shipping goods to EU - The Guardian



FraudNews
11-30-2016, 07:03 AM
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The Guardian (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEM3-Y3dJfPKWM9dDO0bJhIIKKmfw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=5oc-WOjFFdbU3gGEsbG4Cw&url=https://www.theguardian.com/business/2016/nov/30/brussels-to-crack-down-on-vat-by-firms-shipping-goods-to-eu)


Brussels to crack down on VAT fraud by firms shipping goods to EU (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEM3-Y3dJfPKWM9dDO0bJhIIKKmfw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=5oc-WOjFFdbU3gGEsbG4Cw&url=https://www.theguardian.com/business/2016/nov/30/brussels-to-crack-down-on-vat-by-firms-shipping-goods-to-eu)
The Guardian
The boom in overseas firms selling goods to Europe has been accompanied by an explosion in VAT fraud. In total, the European commission estimates €5bn a year is now lost in tax revenues – a figure that is rising annually at 15-20%. Many import firms ...

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