ALCOHOL TRANSPORT
May 1st, 2003
from Alan OsbornThe EU is to introduce a new real time computerised system to fightfraud arising from the transport of alcoholic drinks and other excise goodsbetween the 15 member countries in bond under duty-suspensionarrangements. The European Commission says the new scheme agreed by the EUCouncil will eliminate the present "cumbersome" paper-based system whichcannot cope with rising levels of tax fraud. The EC says the cost of thescheme "will probably amount to no more than 5 per cent of the revenue lostto tax evasion in a given year." Alcohol and tobacco ...
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