"VAT Carousel": Operation Makes 39 Detainees in Portugal and Losses of 410 Million in Europe
9 Articles
9 Articles
Portugal was the country with the most arrests in Operation Hermes, which caused losses of €410 million in VAT revenue for several Member States of the European Union.
The suspects, who have now been arrested, were part of a scheme of tax fraud called 'carrossel', which seeks to use the natural frailties resulting from VAT taxation when faced with intra-Community transactions in goods.
(The following text is taken in full from the press note sent to the Agency Opinion) ///// (Translation made by the editorial staff Opinion through Artificial Intelligence) //// // Survey "Hermes": 62 stops in the course of an inquiry into a EUR 410 million VAT fraud in the cell phone sector. The European Public Prosecutor's Office (European Public Prosecutor's Office) conducted searches in eight countries [...]
A police operation carried out today under the direction of the Directorate of the Northern Judicial Police (PJ), at various points of the country, including the district of Aveiro, resulted in the arrest of 39 suspects of the practice of crimes of criminal association, tax fraud and money laundering through the marketing of mobile phones and other electronic devices, suspecting that the [...] Content Tax fraud: ‘Operation Hermes' covered Aveiro…
The Judicial Police (PJ) today detained 39 suspects of the crime of criminal association, tax fraud and... The content Searches of the carousel of VAT passed through Braga. There are 39 detainees first appears in MINHO.
The Judicial Police (PJ) arrested, this Wednesday, 39 suspects of the crime of criminal association, tax fraud and money laundering, for harming the Portuguese state in more than 150 million euros.
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