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Europe Daily Bulletin No. 11435

21 November 2015
Contents Publication in full By article 22 / 35
ECONOMY - FINANCE / (ae) taxation
Large-scale operation to fight VAT fraud

Brussels, 20/11/2015 (Agence Europe) - On Thursday 19 November, Eurojust and Europol announced a large-scale operation between the German, Dutch and Polish legal authorities, supported by their counterparts in other European countries, to target a criminal network responsible for VAT fraud for a total of €320 million, via a sophisticated carousel fraud scheme.

This form of fraud requires an intra-community transaction. The supplier or service-provider invoices VAT to the purchaser without...

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