EU VAT FRAUD STILL COSTS BILLIONS, 26 YEARS AFTER LAUNCH OF SINGLE MARKET

THE VULNERABILITY of the European Union (EU) to fraud is a key concern driving support for a Brexit in the UK’s in-out EU membership referendum in June. And VAT fraud is one of the worst and longest-standing of EU financial crime. Keith Nuthall reports.   ANOTHER complaint made by British opponents of continued EU membership is the often tortoise-like pace of introducing effective reforms within EU institutions, even when it is self-evident they are needed. Obviously, reaching agreement on anything in a union of 28 countries is never going to be easy, ...


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