carousel fraud
British
noun
A fraudulent scheme to generate VAT rebates (or occasionally government grants) in which goods are imported and exported across a network of (dummy) companies.
Origin
1980s; earliest use found in The Financial Times.
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| 单词 | carousel fraud |
| 释义 | carousel fraudBritish noun A fraudulent scheme to generate VAT rebates (or occasionally government grants) in which goods are imported and exported across a network of (dummy) companies. Origin |
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