Meaning Of The Word Carousel fraud

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What's the definition of Carousel fraud? Find Carousel fraud meanings, definitions and more at the Real Dictionary online.

Carousel fraud Meaning

Carousel fraud Definition
Carousel fraud Definition

What's The Definition Of Carousel fraud?

carousel fraud in British English
noun: 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

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