Press Release: Government action to tackle VAT fraud on carbon credits

The UK Government, on 30 July 2009, introduced legislation to remove VAT from supplies of emissions allowances (also known as carbon credits) traded within the UK, in order to prevent the risk of VAT fraud.

• Primary Source

Europol: Press Release, 19.8.09: Seven arrests in the UK for carbon credit fraud http://www.europol.europa.eu/index.asp?page=news&news=pr090819.htm

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