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  2. Missing trader fraud - Wikipedia

    en.wikipedia.org/wiki/Missing_trader_fraud

    The "reverse charge mechanism" now requires that the customer, rather than the supplier, account for VAT on the supply. [19] [20] In 2010, the reverse charge mechanism was extended to services in order to combat MTIC fraud in the carbon market. This means that the reverse charge applies to transactions in emissions allowances. [9]

  3. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    The reverse charge will not apply where the customer is the end user of the building. The Value Added Tax Regulations 1995 states that invoices for services subject to the reverse charge must include the reference "reverse charge". [33]

  4. European Union value added tax - Wikipedia

    en.wikipedia.org/wiki/European_Union_value_added_tax

    EU VAT Tax Rates. The European Union value-added tax (or EU VAT) is a value added tax on goods and services within the European Union (EU). The EU's institutions do not collect the tax, but EU member states are each required to adopt in national legislation a value added tax that complies with the EU VAT code.

  5. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    Certain goods and services must be exempt from VAT (for example, postal services, medical care, lending, insurance, betting), and certain other items are exempt from VAT by default, but states may opt to charge VAT on them (such as land and certain financial services). Hungary charges the highest rate, 27%. Only Denmark has no reduced rate. [57]

  6. Value added tax (Switzerland) - Wikipedia

    en.wikipedia.org/wiki/Value_added_tax_(Switzerland)

    Value added tax is structured as an all-phase tax with input tax deduction. If a taxable person provides a service to another taxable person, the former must pay the VAT on the service; the recipient can reclaim the tax paid as input tax from the Federal Tax Administration (FTA), but must also pay tax on his services to his customer.

  7. Fortnite players 'tricked' into unwanted purchases are ...

    www.aol.com/fortnite-players-tricked-unwanted...

    U.S. consumers who were “tricked” into purchases they didn't want from Fortnite maker Epic Games are now starting to receive refund checks, the Federal Trade Commission said this week. Back in ...

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