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If you read the article, it's fraud. They ran the exact same fraud as had been run on cell phones. > Criminals imported phones from other EU countries, sold t
by bsder 3y ago
If you read the article, it's fraud.
They ran the exact same fraud as had been run on cell phones.
> Criminals imported phones from other EU countries, sold them to consumers with VAT tacked on, pocketed the tax, and disappeared before anyone was the wiser. Or they used carousel schemes, pretending to sell phones through a chain of businesses created for the express purpose of fraud and requesting VAT reimbursements from governments at each point of sale.
- hef19898 3y agoThis way of cheating with VAT is as old as there is a pan-European VAT agreement (the way to declare and manage it, not the amount). And sure as hell, there is always someone to try it. And sure as hell, someone is surprised they ultimately get cought...