Author (Person) | Buck, Tobias, Tait, Nikki |
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Series Title | Financial Times |
Series Details | 13.1.06 |
Publication Date | 13/01/2006 |
Content Type | News |
Article reports on a ruling in the European Court of Justice on 12 January 2006 stipulating that companies unwittingly involved in a chain of transactions where carousel fraud occurred should still have the right to reclaim VAT in respect of their own supply deals. As a result the UK Government, amongst others, will have to address refund and compensation claims running into hundreds of millions of pounds. |
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Subject Categories | Law, Taxation |
Countries / Regions | Europe, United Kingdom |