Tuesday, June 11, 2013

EU carbon credit fraud was so great that UK government will try to recoup losses via taxing financial institutions-Reuters Point Carbon

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6/10/13, "CO2 trading firms may face big tax bills linked to fraud," Reuters Point Carbon

"Several financial institutions that participated in the EU emissions market in 2008-09 could face big tax bills as British authorities attempt to recoup hundreds of million pounds in unpaid VAT resulting from carbon credit fraud."
 
 
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