Potentially millions in excise and VAT fraud

On 10 June, two men aged 28 and 30 from Deventer were arrested by the FIOD on suspicion of incorrect VAT returns and fraudulent possession of excise goods, resulting in an estimated tax loss of 2.8 million euros. Their homes and businesses were searched, leading to the seizure of administration, luxury cars, bank accounts, 45,000 euros in cash, and various designer goods. The investigation was initiated following reports from the Tax and Customs Administration, with the suspects being directors of several companies. These companies are believed to have committed tax fraud by falsely claiming back sales tax and using fake invoices for this purpose. Additionally, it is presumed that they imported alcoholic beverages without paying excise duty.

Source Taxlive

---

---