Digital VAT carousel fraud: a new boundary for criminality?

Borselli, Fabrizio and Fedeli, Silvia and Giuriato, Luisa (2015) Digital VAT carousel fraud: a new boundary for criminality? Working Paper. Dipartimento di Economia e Diritto, Università degli studi di Roma la Sapienza, Roma.

wp170.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (390kB) | Preview
Official URL:


The paper analyses the first Value Added Tax (VAT) fraud on Voice over Internet Protocol, the Phuncards-Broker operation, which took place in Italy in 2005-2007. The scheme consists of a chain of frauds on e-services that represents an important evolution of the "classic" models of carousel fraud, showing the increasing vulnerabilities of the VAT systems. The authors explore the policy implications for tax authorities, looking at how changes in their strategies may tackle the incentives to participate in the fraud. We argue that, in the short term, information technology (IT) solutions might offer some of the best answers when effectively combined with reverse-charge, while, in the longer-term, an extension of the One-Stop-Shop system may represent a new hypothesis of VAT reform in an anti-fraud perspective.

Item Type: Monograph (Working Paper)
Additional Information: Fa parte della collana Working Papers Series of the Department of Public Economicsn, ISSN 1974-2940
Uncontrolled Keywords: EU Value added tax, VAT fraud, reverse-charge, One-Stop-Shop system
Subjects: 300 Scienze sociali > 330 Economia
Depositing User: Dipartimento economia e diritto
Date Deposited: 23 Jun 2015 07:52
Last Modified: 23 Jun 2015 07:52

Actions (login required)

View Item View Item