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Carousel fraud

the practice of importing goods from a country where they are not subject to VAT, selling them with VAT added, then deliberately not paying the VAT to the government


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  • Carouser

    to engage in a drunken revel: They caroused all night. to drink deeply and frequently. carousal. verb (intransitive) to have a merry drinking spree; drink freely noun another word for carousal v. 1550s, from Middle French carousser “drink, quaff, swill,” from German gar aus “quite out,” from gar austrinken; trink garaus “to drink up entirely.” […]

  • Carousing

    to engage in a drunken revel: They caroused all night. to drink deeply and frequently. carousal. Contemporary Examples Kim Chol was reportedly executed for drinking and carousing during the official mourning period after Kim Jong-il’s death. Kim Jong-un’s Ex-Lover Reportedly ‘Executed by Firing Squad’ The Telegraph August 29, 2013 He chose the country and let […]

  • Carp

    to find fault or complain querulously or unreasonably; be niggling in criticizing; cavil: to carp at minor errors. a peevish complaint. a large freshwater cyprinid fish, Cyprinus carpio, native to Asia but widely introduced in tropical and temperate waters: an important food fish in many countries. any of various other fishes of the family Cyprinidae. […]

  • Carpenter

    a person who builds or repairs wooden structures, as houses, scaffolds, or shelving. to do carpenter’s work. to make by carpentry. to construct (a plot, scene, article, or the like) in a mechanical or unoriginal fashion. John Alden, 1876–1951, U.S. composer. (Malcolm) Scott, 1925–2013, U.S. astronaut and oceanographer. Contemporary Examples Jackman’s character is a carpenter, […]

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