Anti-Financial Crime & Financial Crime Compliance
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EU/Europe, Financial Crime

Massive trade surplus within the EU a sign of massive tax fraud – EPPO prosecutor

By Dan Byrne for AMLi

The EU is somehow running a massive trade surplus with itself, to the tune of $300bn in 2018 according to one study.

Arithmetically this is not possible, but logically it is a tell-tale sign that massive amounts of tax fraud occur within, outside and throughout the bloc each year.

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