Translation of "Fraude sur les marchandises à livrer " (French → English) :

commodity future fraud

cost of tender

forward commodity contract

contraband | contraband goods | smuggled good

refusal to supply | refusal to supply goods

VAT carousel: where fraudsters import goods VAT-free from other EU countries, then sell the goods to domestic buyers, charging them VAT.

VAT carousel: where fraudsters import goods VAT-free from other EU countries, then sell the goods to domestic buyers, charging them VAT.

other methods of bringing about the transfer of rights of an ownership nature in relation to the relevant quantity of goods without physically delivering them, including notification, scheduling or nomination to the operator of an energy supply network, that entitles the recipient to the relevant quantity of the goods.

3. Notes that tax resources remain low as a proportion of GDP in most developing countries, making them particularly vulnerable to the tax evasion and avoidance activities of individual taxpayers and companies; stresses that this represents a considerable financial loss for developing countries that encourages corruption and harms EU development policy, and that taking appropriate measures at national, EU and international level against these practices should be a top priority for the EU and its Member States, taking into account the needs and constraints that developing countries face in gaining access to their tax revenues; considers ...[+++] that the EU should be taking a leading role in driving international efforts to combat tax havens, tax fraud and evasion, leading by example, and that it should cooperate with developing countries in counteracting aggressive tax avoidance practices by certain transnational companies, as well as in seeking ways to help them withstand pressures to engage in tax competition;