Value Added Tax Fraud
Routledge Research in Finance and Banking Law Series

Serving as an introduction to one of the "hottest" topics in financial crime, the Value Added Tax (VAT) fraud, this new and original book aims to analyze and decrypt the fraud and explore multi-disciplinary avenues, thereby exposing nuances and shades that remain concealed by traditional taxation oriented researches. Quantifying the impact of the fraud on the real economy underlines the structural damages propagated by this crime in the European Union. The ?fruadsters? benefit when policy changes are inflicted in an economic space without a fully fledged legal framework. Geopolitical events like the creation of the Eurasian Union and 'Brexit' are analyzed from the perspective of the VAT fraud, thereby underlining the foreseeable risks of such historical turnarounds. In addition, this book also provides a unique collection of case studies that depict the main characteristics of VAT fraud.

Introduction to VAT Fraud will be of interestto students at an advanced level, academics and reflective practitioners. It addresses the topics with regards to banking and finance law, international law, criminal law, taxation, accounting, and financial crime. It will be of value to researchers, academics, professionals, and students in the fields of law, financial crime, technology, accounting and taxation.

Table of Contents

Acknowledgments

Chapter One- Introduction to the mechanisms of VAT fraud

Chapter Two- Markets and VAT fraud

Chapter Three- Impact of the VAT fraud on EU's economy

Chapter Four - Brexit effect on the VAT fraud

Chapter Five - VAT: A modern economic weapon

Chapter Six - How the VAT fraud proceeds are laundered?

Chapter Seven - Perspectives upon the VAT fraud in the Eurasian Economic Union

Chapter Eight- The economy of terror : VAT fraud and terrorism financing

Chapter Nine- Technology: a real leverage for the VAT fraudsters

Chapter Ten- Who is who in the VAT milieu ?

Chapter Eleven- How the VAT fraud reshaped the criminal underworld?

Chapter Twelve - Investigating the VAT fraud

Chapter Thirteen - Avenues of countering VAT fraud

Appendix-

• Interview: Chris Perryman, Europol

• Interview: Bo Elkjaer a pioneer journalist in VAT investigation

• Interview: Dr. Mike Cheetham, VAT fraud expert

Marius-Cristian Frunza is a Director with Schwarzthal Kapital, United Kingdom and an Associate Researcher with the Laboratory of Excellence for Financial Regulation (LABEX ReFI) in Paris, France.