Word.ws English Dictionary

carousel fraud

carousel fraud noun: the theft of value-added tax from a government by exploiting the way VAT is treated within multijurisdictional trading where the movement of goods between jurisdictions is VAT-free.

Noun

carousel fraud (countable and uncountable, plural carousel frauds)

  1. The theft of value-added tax from a government by exploiting the way VAT is treated within multijurisdictional trading where the movement of goods between jurisdictions is VAT-free.

Synonyms of carousel fraud

Forms of carousel fraud

pluralcarousel frauds

Questions about carousel fraud

What does carousel fraud mean?
Carousel fraud means the theft of value-added tax from a government by exploiting the way VAT is treated within multijurisdictional trading where the movement of goods between jurisdictions is VAT-free.
What part of speech is carousel fraud?
Carousel fraud is a noun.
What is the plural of carousel fraud?
The plural of carousel fraud is carousel frauds.

Words near carousel fraud in the dictionary

  1. carousal
  2. carousals
  3. carouse
  4. caroused
  5. carousel
  6. carousel fraud
  7. carousel frauds
  8. carousel trade
  9. carousel trades
  10. carousel voting
  11. carouseled

Source and license

Adapted from Wiktionary: carousel fraud (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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Cite this entry: “carousel fraud.” Word.ws, https://word.ws/carousel_fraud. Based on Wiktionary, CC BY-SA 4.0.