Hungarian VAT Fraud Site Still Operating
- 2 Feb 2015 8:00 AM
The electronic home appliance selling website expertelektro.hu, through which many of the goods were sold, was still working on Tuesday, although the tax authority NAV had seized its stocks, Népszabadság writes.
The related bemutatoterem.net website was no longer accessible.
Consumers who have paid in advance will probably lose their money, because the Ft 3 billion worth of assets seized will not cover the Ft 22 billion of VAT payable on the Ft 81 billion turnover, Népszabadság estimates.
Source: Hungary Around the Clock
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