Copying and distributing are prohibited without permission of the publisher

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.



This article is locked content, available to current subscribers or trialists.

  • Current subscribers or trialists - Please log in to view this article in full.
  • New users - Please take a free 7 day trial.
  • Expired subscribers or trialists - Please subscribe to gain immediate full access.

If you think you've received this message in error, please contact your account manager, Nick Burroughs:
Email: nburroughs@euromoneyplc.com, Tel: +44 (0)207 779 8379

Subscribe now

Subscribe today to gain full access to International Tax Review.

Subscribe

Free trial

Take a free trial now and gain 7 days of full access to International Tax Review.

Free trial





International Tax Review Profile

20% CT v 25% DPT @George_Osborne policy clearly working whether one agrees with it or not @amazon #BEPS

May 23 2015 08:17 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @FT: #Amazon to book UK sales in Britain not Luxembourg, bringing revenues in 3rd biggest market in reach of taxman http://t.co/x8q6Pqe0

May 23 2015 08:07 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @DeloittePolska: RT @IntlTaxReview: Our choice for the Poland Transfer Pricing Firm of the Year prize is @DeloittePolska! #ITRawards2015

May 23 2015 07:59 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @GlobalTaxAdvice: #Taxand wins 5 @IntlTaxReview #European #Awards 2015! Discover more > http://t.co/b2RCGwE8rD http://t.co/HmKFvqeGtJ

May 23 2015 07:59 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @bakermckenzie: We are thrilled to have won Seven @IntlTaxReview Awards! http://t.co/4dJQnIR0D4

May 23 2015 07:59 ·  reply ·  retweet ·  favourite
International Correspondents

After the Irish budget, what would make you more likely to put more substance into Ireland?