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Europe Daily Bulletin No. 10040

15 December 2009
Contents Publication in full By article 10 / 36
GENERAL NEWS / (eu) eu/taxation
VAT fraud on CO2 emissions market rises to euro 5 billion since middle of 2008

Brussels, 14/12/2009 (Agence Europe) - The European Police Office (EUROPOL) estimates losses incurred over the last 18 months by the tax authorities and six member states (Belgium, Denmark, Spain, France, the Netherlands and the United Kingdom) at “around € 5 billion”. They have been the victims of Value Added Tax (VAT) fraud on the CO2 emissions trading markets, declared the organisation in a press release. With the support of the countries affected, EUROPOL has launched a project for...

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