carousel fraud

World English Dictionary
carousel fraud
the practice of importing goods from a country where they are not subject to VAT, selling them with VAT added, then deliberately not paying the VAT to the government

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Previous Definition: carousel
Next Definition: carp
Words Near: carousel fraud
More from
Synonyms and Antonyms for carousel fraud
More from
Search for articles containing carousel fraud
More from Translator Word FAQs presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature