The European Public Prosecutor’s Office (EPPO) announced on Tuesday that it uncovered the biggest cross-border VAT fraud scheme ever investigated in the EU worth an estimated €2.2 billion.
The investigation started in April 2021 in Portugal where authorities were probing a company selling mobile phones, tablets, earphones and other electronic devices, on suspicion of VAT fraud.
Source Euronews
Latest Posts in "European Union"
- Commission calls on BELGIUM, FRANCE, and MALTA to fully implement the new EU VAT rules for the special SMEs scheme
- From matchmaker to supplier: deemed supplies and platform classification under EU VAT
- European Commission Report Highlights Uneven VAT Rate Exemptions Across EU Member States
- EU Packaging Regulation Faces Legal Challenges Over Reusability, Plastic Ban, and Deposit Requirements
- European Union Adopts Peppol PINT Billing Standard for E-Invoice Interoperability
