Gazprom on the problem of missing trader intra community VAT fraud, and the EC's anti fraud package
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Gazprom on the problem of missing trader intra community VAT fraud, and the EC's anti fraud package

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Missing trader intra community VAT fraud (MTIC fraud) is the theft of VAT from tax authorities by organised criminals, often involving complex structures, such as carousel fraud and contra-trading. It usually revolves around products such as mobile phones and computer chips etcetera. Tim Branston, head of tax at Gazprom discusses the problem from an industry perspective.

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