Tax evasion scheme totaling 864.5 thousand UAH has been terminated in Donetsk region

Tax specialists of Donetsk region prevented another fact of risky tax credit distribution by the enterprise.

Employees of the Tax Service drew attention to activities of one enterprise, which, despite the presence of active economic activity on the basis of tax invoices registered in the Unified register of tax invoices, did not submit the VAT tax reporting to the controlling bodies. In addition, attention of tax specialists was also attracted by the fact that Head of the specified enterprise was listed as a Head of 40 more enterprises (herewith, there have already been made decisions on their risk criteria by the STS bodies) and the chief accountant was listed as a chief accountant of 6 enterprises.

During analysis of the enterprise’s activity it was found that it has so-called transit character but the enterprise reflected purchase and subsequent sale of fertilizers, herbicides, sunflower seeds, rapeseed, corn, etc. in much larger quantities than was purchased. It was also found that the enterprise sold these agricultural products not immediately but after a significant period of time which involves storage of such products. At the same time, enterprise did not report the availability of its own property, including warehouses and also did not purchase warehousing services.

Specialists of the Tax Service in Donetsk region sent information to the State Tax Service and colleagues from the regions to quickly process the risky tax credit distribution. As a result of processing, the tax evasion scheme totaling 864.5 thousand UAH has been terminated.