carousel fraud
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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
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Words nearby carousel fraud
carotid sinus, carotin, carousal, carouse, carousel, carousel fraud, carp, carpaccio, carpal, carpale, carpal tunnel syndrome
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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