Tax specialists exposed sale of cars for 540 million UAH without reflection in tax reporting

Tax specialists of Donetsk region exposed legalization of funds obtained by criminal means in the amount of more than 540 million UAH.

Anti-money laundering department of Main Directorate of the STS in Donetsk region detected that business entities – importers sold imported cars to individuals for cash.

Specified operations were not reflected in tax and accounting reporting. Subsequently, documents were drawn up on the alleged sale of these cars to companies with fictitiousness signs in order to form a limit in the VAT System of Electronic Administration. Total amount of such operations amounted to more than 540 million UAH.

Materials were handed over to the law enforcement agency for decision under Article 214 of the Criminal Procedural Code of Ukraine.

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