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Thursday, April 20, 2017

Britain loses 1 billion pounds through VAT fraud and error by Amazon and eBay sellers

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Britain loses 1 billion pounds through VAT fraud and error by Amazon and eBay sellers The National Audit Office (NAO) said on Wednesday that the sellers involved are often based in China and that consumer regulator Trading Standards had found that U.S. companies Amazon and eBay had failed to remove sellers that were flouting VAT rules, even after being informed of the sellers#39; non-compliance.

April 20, 2017 at 08:10AM

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