- Luxembourg government submitted Bill 8339 to expand VAT reverse charge mechanism
- Aim is to counter carousel fraud, also known as missing trader fraud
- Carousel fraud is a form of VAT fraud
- The bill was submitted on 3 November 2023 in the Chamber of Deputies
Source: orbitax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.