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Dixons ECJ case to recover VAT on fraudulent credit card transactions could trigger claims across EU

14 November 2012

Salman Shaheen - ITR

Dixons is leading a case along with 16 UK high street chain stores to recover VAT paid on fraudulent credit card transactions. If it wins, the precedent set could lead to a string of claims across Europe.

Dixons argues it should not have to pay VAT on goods bought through fraudulent credit card transactions. The electrical store is claiming £2 million ($3 million) in overpaid VAT, but with 15 other claimants rallying behind it, Amanda Brown, KPMG advocate for the case, believes tens of millions are at stake.

The case, which was referred to the European Court of Justice (ECJ) from the First Tier Tribunal, primarily affects white goods retailers like Dixons because fraudsters want high-value items to steal and then sell on. Supermarket chains are less affected.



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