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Asian fraud on electric bicycles: Attempt to avoid VAT payment.

  • European Office for the Fight against Financial Abuses (OLAF) and the National Tax Administration announced the seizure of over 20,000 Chinese electric bicycles in Poland.
  • Importing Chinese electric bicycles into the European Union is subject to high anti-dumping and countervailing duties.
  • Importers declared that they were importing other products to avoid paying VAT.
  • The bicycles were not sold to the declared buyers but were instead stored in warehouses and sold online.
  • The potential loss to the state budget from this fraud is estimated to exceed 46 million PLN.

Source: podatki.gazetaprawna.pl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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