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Fraud Intelligence

UK firms caught in carousel entitled to VAT refunds, says top EU lawyer

The British government should abandon attempts to deny VAT refunds to companies unwittingly involved in a cross-border carousel fraud, according to a European Court of Justice (ECJ) advocate general. Miguel Poiares Maduro said the policy would “drastically shift the burden” of detecting the fraud from tax authorities to companies, “at the expense of legitimate trade”.

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