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Europe Daily Bulletin No. 11977

9 March 2018
Contents Publication in full By article 26 / 40
BREACHES OF EU LAW / Customs/taxation
Chinese import fraud – London to pay back €2.7 billion to EU budget
Brussels, 08/03/2018 (Agence Europe)

The European Commission has called on the United Kingdom to shoulder the financial consequences of its infringements of EU rules on customs duty and value-added tax (VAT).

Readers may recall that according to an OLAF report from 2017, importers (mainly from China) evaded considerable amounts of customs duty by using false invoices and presenting incorrect import value declarations. Other controls carried out by the Commission showed a considerable increase in the scale of this mechanism of...

Contents

BEACONS
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
SOCIAL AFFAIRS
BREACHES OF EU LAW
Op-Ed
NEWS BRIEFS