... and the most sophisticated type of tax fraud. These frauds are “popular” among value added tax (VAT) payers because their complicated structure makes it difficult for the financial authorities to detect them. Moreover, the Court of Justice of the European Union (CJEU) case law has undermined the efforts of EU...

...Konstantin V. Pashev Purpose The paper sets out to study value added tax's (VAT's) exposure to missing‐trader or carousel fraud and possible countermeasures, their costs and benefits. Design/methodology/approach It studies the modus operandi of network fraud by distinguishing it from...