carousel fraud (English, noun)
expansion: carousel fraud (countable and uncountable, plural carousel frauds)
Senses:
topics: business
economics
finance
government
sciences
taxation
glosses: The theft of value-added tax from a government by exploiting the way VAT is treated within multijurisdictional trading where the movement of goods between jurisdictions is VAT-free.
tags: countable
uncountable
Forms:
form: carousel frauds
tags: plural