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carousel fraud
English
Meaning
carousel fraud
meaning
What does
carousel fraud
mean?
carousel fraud
noun
—
The
theft
of
value
-
added
tax
from
a
government
by
exploiting
the
way
VAT
is
treated
within
multijurisdictional
trading
where
the
movement
of
goods
between
jurisdictions
is
VAT
-
free
.
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