VATupdate
Luxembourg

Share this post on

Luxembourg to Combat Carousel Fraud with Expanded VAT Reverse Charge

  • 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.

Sponsors:

VAT news

Advertisements:

  • VATupdate.com