carousel fraud
noun
the practice of importing goods from a country where they are not subject to VAT, selling them with VAT added, then deliberately not paying the VAT to the government
Words nearby carousel fraud
carotin, carotodynia, carousal, carouse, carousel, carousel fraud, carp, carp., carpaccio, carpal, carpal joint
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012