Dutch Authorities Arrest Two Men for €4.2 Million VAT Fraud Investigation

• A 50-year-old man from Amsterdam was arrested for suspected 4.2 million euro VAT fraud through four companies
• A 34-year-old suspect from Almere reported to authorities
• Homes were searched and items seized including cash, luxury watches, gold, and a safe
• Investigation began after a tax authority alert
• Companies suspected of intentionally not filing VAT returns
• Three companies did not file returns in 2021 and 2022; the fourth filed only once
• Companies allegedly generated over 24 million euros in revenue during those years
• Suspects should have declared and paid over 4.2 million euros in VAT
• Investigation also focuses on failure to meet administrative and information obligations
• The 50-year-old man failed to provide promised documentation to tax authorities
• Suspected of intentionally not cooperating with tax authority checks and investigations

Source: taxlive.nl

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.

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