Definition of Carousel fraud

1. Noun. 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. ¹



¹ Source: wiktionary.com

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Lexicographical Neighbors of Carousel Fraud

carotidynia
carotin
carotinaemia
carotinase
carotinoid
carotinoids
carotinosis cutis
carotins
carotodynia
carous
carousal
carousals
carouse
caroused
carousel fraud (current term)
carousels
carouser
carousers
carouses
carousing
carousingly
carp
carp bream
carp breams
carp mouth
carpaccio
carpaccios
carpal
carpal arches

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