Home »Taxation » World » EU plans crackdown on costly excise duty evasion

  • News Desk
  • Jan 10th, 2004
  • Comments Off on EU plans crackdown on costly excise duty evasion
The European Commission on Friday unveiled proposals for a crackdown on fraud and tax evasion which it said its costing member states billions of euros (dollars) a year in lost excise duties.

"Fraud arising from alcohol, tobacco and energy products falling off the back of lorries at various places within the EU is an enormous problem," European Commission spokesman Jonathan Todd told a news conference.

"What we have done is to propose a regulation which will put in place a legislative framework to improve co-operation between customs authorities to fight this problem," he added.

The Commission said latest figures available were for 1996, when customs fraud related to alcohol and tobacco cost 4.8 billion euros in lost revenues.

Copyright Reuters, 2004


the author

Top
Close
Close