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Governments need more money for ageing populations, welfare and defence. But their tax systems are full of loopholes and distortions that hold back growth. On the latest Insider, our top editors explain why the problem is not just how much governments tax, but the way they tax, too. Click the link to watch the full show.
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Europe's Biggest Tax Heist💰 VAT carousel fraud explained: how criminals used shell companies across Europe to pull over 50 billion euros in VAT refunds out of government treasuries, and why the scheme still works today. Goods get sold in a circle, the tax gets refunded, but it never gets paid. The biggest tax fraud in European history. Educational content only. This video explains how a known form of fraud worked and how authorities detect it. Nothing here is instruction or advice. Tax fraud is
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